Answer:
B) A market equilibrium price less than $30
Step-by-step explanation:
When the supply curve increases, it shifts to the right, making the market equilibrium price lower because the oversupply of the quantity causes demand to drive down.
Answer:
Large avocados should cost $ 1.83 or less to be a good deal.
Step-by-step explanation:
Since there are two types of avocado in the store, some small at $ 0.92 and others larger, to determine at what price large avocados would be a good deal, an equivalence must be established in this regard:
Thus, if two small avocados are equal to one large, buying two small avocados at $ 0.92 the total price would be $ 1.84. Therefore, any large avocado that sells for less than $ 1.84 would be a good deal. Thus, large avocados should cost $ 1.83 or less to be a good deal.
Answer:
A.)
Step-by-step explanation:
The answer is 1.5 or 1 1/2.
here is the how you get this answer.
1: Cross Multiply (1.2)(60)=x
2: divide x by 48
3: you should get 1.5 or 3/2
BTW x is equal to 72