<span>December = $57
</span><span>In December, the price was $57, which was $29 less than the price in November then November price was: $57 + $29 = $86
</span><span>In November, the price of a GizmoPhone was double the price in March. so March: $86 x 2 = $172
answer: the price </span>of a GizmoPhone in March was $172
0.25
just divide the top number by the bottom:)
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.
Answer:
Slope=4 y-intercept=(0,-21) or -21
Step-by-step explanation:
To find<u> slope</u>
m=-13-(-17)/2-1
m=4/1
m=4
To find <u>y-intercept</u>
y-(-17)=4(x-1)
y+17=4(x-1)
y+17=4x-4
Subtract both sides by 17
y=4x-21
y-intercept=-21