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:
3/1 is your slope for that
It is C..........................Happy Birthday
Answer:
4.0148 rounded to the nearest thousand is 0, but if you meant rounded to the nearest thousandth, it would be 4.015 because the 8 in the ten thousandth column would cause the 4 in the thousandth column to round up to 5.
Step-by-step explanation:
