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:
Answer:
x= -1
Step-by-step explanation:
7x+4= -3 take -4 off both sides> 7x= -7 now divide 7x/-7> x= -1
Answer:
y = 3
Step-by-step explanation:
39 = 13y
y = 3 (explanation: by dividing 13)
Check answer:
39 = 13(3)
39 = 39
Answer:
y= 3/2x+40
Step-by-step explanation:
y= rise/run+ y-intercept
Answer:
now lemme answer this. u did the same to me.. came to my question and answered wrong i mean nothing.
revenge
