What is 2.53 rounded to the nearest whole number
1 answer:
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The drawing seems to suggest that angles BFA, AFE and EFD span a straight angle, just like angles BFC and CFD
This means that you have
But we know that both BFA and EFD measure 70 degrees, so the equation becomes
So, if you subtract 140 from both sides, you have
Answer: Equilibrium price and quantity will increase.
Step-by-step explanation:
If there is a positive shift in demand i.e. rightward shift in the demand curve but the supply curve remains constant.
Then As shown in the figure, At the beginning <em>'</em><em>E</em>' is the equilibrium point with Equilibrium price <em>"P"</em> and Equilibrium quantity<em> "</em><em>Q"</em><em>.</em>
But when there is positive shift in demand curve say D' then,
Equilibrium price will increase and equilibrium quantity will also increase.
say it becomes P' and Q'.
So, Positive shift in demand curve increases the price and Quantity in a supply and demand curve.
