The unit rate for that equation is .33
- 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.
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Answer:
30 students
Step-by-step explanation:
80% of N = 24 where N is the total number of students
So
.80 N = 24
N = 24 / .80 = 30
sorry this was a late response
Divide 24 by 6 in order to see how many six second intervals there are. 24/6=4. Multiply 4x5 to show many stories the elevator travels. The answer will be 20 stories.
Answer:
C) 3/8
37
C) -8 or 8
B) 84.7
D) 7 1/3
Step-by-step explanation:
Think of an absolute value as just ignoring any negative signs.
