Solve -17 = x/-3 for x.
2 answers:
You might be interested in
For this case we have that by definition, the area of a triangle is given by:
Where:
b: It is the base of the triangle
h: It is the height of the triangle
According to the data of the statement we have:
Substituting in the formula we have:
So, the area of the triangle is
Answer:
The basic market graph is attached below.
<h3>What do you mean by market equilibrium?</h3>A market is said to have reached equilibrium price when the supply of goods matches demand.
The equilibrium price is the only price where the plans of consumers and the plans of producers agree, where the amount consumers want to buy of the product, quantity demanded, is equal to the amount producers want to sell, quantity supplied. This common quantity is called the equilibrium quantity.
Quantity of gasoline:
Explanation of graph: The demand curve, D, and the supply curve, S, intersect at the equilibrium point E, with an equilibrium price of 1.4 dollars and an equilibrium quantity of 600.
The equilibrium is the only price where quantity demanded is equal to quantity supplied. At a price above equilibrium, like 1.8 dollars, quantity supplied exceeds the quantity demanded, so there is excess supply.
At a price below equilibrium, such as 1.2 dollars, quantity demanded exceeds quantity supplied, so there is excess demand.
Learn more about equilibrium quantity here:
#SPJ1
