If the equilibrium is such that only 12000 units are sold for $27, then the total earnings from the given scenario is $324,000. The supply equation would then be,
supply: 324000 = 6p ; p = 324000/6 = 54000
demand: 324000 = 69p ; p = 324000/69 = 4695.65 ≈ 4696
Answer:
101.24
Step-by-step explanation:
101.24 is already to the nearest hundredth place.
To the nearest tenth would be 101.2 and to the nearest digit would be 101
1.41/100 = 0.0141 * 15 = 0.21
$0.21
It is going to be 3/10 because you simplify 6 blue/ 20 total marbles
Answer:
8>17
Step-by-step explanation:
It would be less than because 8 is smaller than 17 and 17 is bigger than 8.