5/12-2/5=25/60-24/60
1/60
the answer is 1/60
Plug in 1 for n and solve, then plug in 2, and so on until you get to 3(6)-1=17
- The equilibrium price is $1.12.
- If price is $0.98, there would be scarcity of Super Widgets.
- When price is $0.98, quantity demanded is y.
- When price is $0.98, quantity supplied is x.
- When price is $1.22, there would be a surplus of Super Widgets.
<h3>What is equilibrium? </h3>
Equilibrium price is the price at which the quantity demanded equals the quantity supplied. The equilibrium price is $1.12.
Above equilibrium price, quantity supplied would exceed quantity demanded and there would be a surplus. When price is below equilibrium price, quantity supplied would be less quantity demanded and there would be a scarcity.
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Answer: 0.1 or 1/10
Step-by-step explanation:
Let x be the number. With this representation, double this number is 2x and thrice is 3x. We are asked to give an expression for the difference (subtraction) of these numbers, the answer to this question should be,
3x - 2x