* Can 5.6+ 1/2 be combined as like terms? Yes No
2 answers:
You might be interested in
Answer:
1) 8
2) 3
Step-by-step explanation:
The supply and demand functions are, respectively:
Applying p=$5 gives us the supplied and demanded quantities (q).
For the supply function:
For the demand function:
Rounding down to the next whole unit:
1) The number of books that are demanded at a price of $5 is 8
2) The number of books supplied at a price of $5 is 3
Answer:
The consumer surplus in this market will be $0.70. This is false.
Step-by-step explanation:
There are four consumers A, B, C, and D.
The consumers are willing to pay for a glass of lemonade as $1.50, $1.20, $1.00, and $0.90 respectively.
The actual price of lemonade is $1.00 per glass. So, the consumer surplus in this market will be = $0.60
Hence, the given condition is False.