Answer:
here is my working out to find answer, if u feel that the answer is wrong then do the reverse calculation by putting n value to the equation. hope u understood and stay safe!
The answer is 132. 132 is the original price. 80$ x 65% = 52. 80 + 52 = 132. So 132 is answer and original price.
Answer:
752 below sea level
just took it.
Step-by-step explanation:
- 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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