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.
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Step-by-step explanation:
Answer: Option D
Step-by-step explanation:
The equation of the line, by definition, has the following form:
y=mx+b
Where m is the slope and b is the y-intercept
As you can see in the graph, the line intercept the y-axis at 2, therefore b=2.
Now, to find the slope, choose any point of the line and solve for m:
Point (1,1)
1=m(1)+2
-1=m
Then, the equation is:
y=-x+2
600 miles / 27 miles per gallon = 22.22 gallons
22.22 * 1.99 = $44.22 total cost
Answer:
c or 4 3/8
Step-by-step explanation:
Just multiplied
Please mark brainlest
9514 1404 393
Answer:
DECB
Step-by-step explanation:
Correct except for graph 2. That graph has a solid line, a y-intercept of -2 and a slope of 4. Its inequality is ...
y ≤ 4x -2 . . . . choice E
