Answer: The equilibrium point represents the raising or lowering the price in response to changes in the supply or demand.
If the price of a good is above equilibrium, this means that the quantity of the good supplied exceeds the quantity of the good demanded.
If the quantity is below the equilibrium point, it will create a shortage. because the quantity supplied is less than quantity demanded.
Hope this helps!
Step-by-step explanation:
Step-by-step explanation:
given x=2
and the equation
to find the value of q , you need to make q the subject in the equation as shown below
q= 3x-x -4
q=2x-4
but x= 2
so just substitute the value of x in the equation for the q
q=4-4
q=0
therefore the value of q is 0
100+25*x≥700
25x≥600
x≥24
Sharon has to sell at least 24 items per week.
Answer 38.6
Step-by-step explanation:
21 x .84 = 17.64
17.64 + 21 = 38.64
All you have to do is follow PEMDAS (if you don't know what that is, search it up).
-2-5(4n-6)=-132
Distribute the 5 to everything in the parentheses.
-2-20n+30= -132
Combine like terms.
-20n+28 = -132
Subtract 28 from both sides.
-20n = -160
Divide by -20 on both sides.
n = 8
