Answer: Option (c) is correct
Step-by-step explanation:
Slope of demand curve is negative and slope of supply curve is positive in both the models.
But labeling of axis is different in both the models. In the short-run macroeconomic model, y-axis represents the price level whereas x-axis represents the GDP.
While in the standard model for markets, y-axis shows the general price level whereas x-axis represents the output level.
2 meters equal 2000 milimeters
Answer:
£3.25
Step-by-step explanation:
You would add £1.25 and £00.50 which is £1.75 then you would do £5.00-£1.75 which is £3.25
Answer:
Second option: x= (23.5)(1.18)
Step-by-step explanation:
It has the total and the 1 for the tip to include the original price.