- 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
#SPJ1
Answer:
1. 3.82 miles
i dont have 2
3. 31
Step-by-step explanation:
Answer:
Step-by-step explanation:
the solution is x+2y - 3z =15. 2x – 2z=6 x = 3. 2/3)-22=6.
Answer:
Sales tax
Step-by-step explanation:
You might have like 3% sales tax which is 3 percent of the original price added back onto it.
Sales tax is a tax that is put onto wanted and gourmet things, so chocolate isn't a needed item in life, so you have sales tax on it. On something like bread or meat, there might not be sales tax since you need food to survive. If something cost $100, and there is 3% sales tax, you will pay 103 dollars since 0.03 of 100 is 3.
2 meters = 200 centimeters
