Answer:
Equilibrium is reached when demand equals supply.
Explanation:
Demand is the amount that consumers want and can buy of a certain product or service in a specific period of time and at a certain price. On the other hand, the supply is the amount that producers want and can sell of a certain product or service in a specific period of time and at a certain price.
In market equilibrium, the quantity demanded of the product or service equals the quantity supplied, so the price also equals. In other words, when market equilibrium is reached, demand and supply are the same, with their corresponding equilibrium price and quantity.
Two situations can occur:
- When the quantity demanded is greater than the quantity supplied, the market is in a situation of excess demand.
- On the other hand, it may happen that the price at which the products are being offered is greater than the equilibrium price and the quantity supplied is greater than the quantity demanded. Then there is an excess supply.
<u><em>
Equilibrium is reached when demand equals supply.</em></u>
Heyyyyyyyyyy how is your day goingggg luvvvv
Average Velocity=Total Distance/Total Time


The number of grams of gold you can purchase for $15 if Gold cost $8.00 per ounce is 53.26g
Dimensional analysis is a means of representing values using units.
From the question, we are told that Gold cost $8.00 per ounce, this means that:
$8.00 = 1 ounce
In order to calculate the amount in grams you can purchase for $15, we need to know the price in ounces first.
$15.00 = x
Divide both expressions

Next is to convert the ounces to pounds.
1 pound = 16 ounces
y = 1.875 ounces
y = 1.875/16
y = 0.1171875 pounds
Conver 0.1171875 pounds to kg
Since 1kg = 2.2 pounds
z = 0.1171875 pounds
2.2z = 0.1171875
z = 0.1171875/2.2
z = 0.053267kg
Finally, convert 0.053267kg to grams using the conversion rate
1kg = 1000g
0.053267kg = y
y = 0.05326 * 1000
y = 53.26g
This shows that the amount of grams you can purchase for $15 is 53.26g
Learn more here: brainly.com/question/11819069
Answer:
Explanation:
Ohm's law:
V = IR
Given V = 120 V and R = 15 Ω:
120 V = I (15 Ω)
I = 8 A