Since the plane descends 1,300 feet per minute it would descend 19,500 feet after 15 minutes (1,300 x 15 = 19,500) Subtract this from the plane's initial altitude 32,000 and the new altitude will be 12,500. (32,000-19,500=12,500)
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:
A quadratic function is a function of the form

. The
vertex,

of a quadratic function is determined by the formula:

and

; where

is the
x-coordinate of the vertex and

is the
y-coordinate of the vertex. The value of

determines if the <span>
parabola opens upward or downward; if</span>

is positive, the parabola<span> opens upward and the vertex is the
minimum value, but if </span>

is negative <span>the graph opens downward and the vertex is the
maximum value. Since the quadratic function only has one vertex, it </span><span>could not contain both a minimum vertex and a maximum vertex at the same time.</span>