- 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.
To learn more about equilibrium, please check: brainly.com/question/26075805
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Answer:
You forgot to post the image :(
Step-by-step explanation:
Answer:
Step-by-step explanation:
The fifth graders were given sandwiches for lunch during their field trip. Nathan ate 5/6 of his sandwich, Leroy ate 7/8 of his sandwich, and Sofia ate 5/8 of her sandwich. Who ate the greatest amount of their sandwich? ... Nathan ate 20/24, Leroy ate 21/24, and Sofia ate 15/24 meaning Leroy ate the most.
Hello from MrBillDoesMath!
Answer: I'd guess it's "find the next number in the sequence" (which is 54)
Discussion:
9 * 1 = 9
9 * 2 = 18
9 * 3 = 27
9 * 4 = 36
9 * 5 = 45
9 * 6 = 54
Thank you,
MrB
Answer:
D
Step-by-step explanation:
The answer is d, because a represents adults, and c represent children. It's $45 per adult, so $45a, and $30 per child, so $30c. a+c is equal to 10, because that's how many tickets were purchased. $45a+$30c=345, because $345 is the total amount spent on tickets.
