Answer: The equilibrium point represents the raising or lowering the price in response to changes in the supply or demand.
If the price of a good is above equilibrium, this means that the quantity of the good supplied exceeds the quantity of the good demanded.
If the quantity is below the equilibrium point, it will create a shortage. because the quantity supplied is less than quantity demanded.
Hope this helps!
Step-by-step explanation:
Answer:
Suppose we roll a six-sided number cube. Rolling a number cube is an example of an experiment, or an activity with an observable result. The numbers on the cube are possible results, or outcomes, of this experiment. The set of all possible outcomes of an experiment is called the sample space of the experiment. The sample space for this experiment is \displaystyle \left\{1,2,3,4,5,6\right\}{1,2,3,4,5,6}. An event is any subset of a sample space.
The likelihood of an event is known as probability. The probability of an event \displaystyle pp is a number that always satisfies \displaystyle 0\le p\le 10≤p≤1, where 0 indicates an impossible event and 1 indicates a certain event. A probability model is a mathematical description of an experiment listing all possible outcomes and their associated probabilities. For instance, if there is a 1% chance of winning a raffle and a 99% chance of losing the raffle, a probability model would look much like the table below.
Outcome Probability
Winning the raffle 1%
Losing the raffle 99%
The sum of the probabilities listed in a probability model must equal 1, or 100%.
Answer:
3??
Step-by-step explanation:
Im saying 3 because i need to know when it will end, If you divide it by 5 it will say 3 now you can delete this or something if im wrong, You really have not described how much she will have at the end of the week.
Answer:
the width is 2 meters
Step-by-step explanation:
10 / 5 = 2
There are 4 cards with a picture of a rose and 3 cards with a picture of a daisy.
After one rose card is removed, the remaining cards are 3 cards with a picture of a rose and 3 cards with a picture of a daisy. A card is chosen at random,
the probability that the chosen card has rose on it is
.
The correct choice is (A).
