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.
Each notebook would be 68 cents because if you divide 15.85 into 3 you will get 2 cents then you add 1.23 then subtract .75
To find x, divide 13.1 by 150 to get <span>0.08733333333.</span>
Answer:
17
Step-by-step explanation:
Let us suppose two years ago my brother's age was x years
Then, my age was 3x
Three years from now, my brother's age will be (x +2+3) = (x+5) years
And my age will be (3x+2+3) = (3x+5) years
But it is given that i will be twice as old as my brother.
So, 2(x+5)= (3x+5)
or, x= 5 years
So my brother's present age is 5+2= 7 years
And my age is 5*3+2= 17 years