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.
Hope this helps!
Step-by-step explanation:
Answer:
someone had the same exact question i just helped him on it sub 4 for x and 1 for h
Step-by-step explanation:
First, you should create a ratio.
24:8
This can be turned into a fraction of 24/8 giving you the answer of 3/1
3 acres per day
Answer:
I believe the answer is (A)
Answer:
Both questions are true.
Step-by-step explanation:
The general mathematical equation of a line can be written as 
.
If we rearrange the two equations given in the question as follows:
and 
We can see that they follow the general equation we defined earlier so we can say that they represents linear lines.
The 
given in the second question also represents a similar linear line with a different slope.
So the two questions are both true.
I hope this answer helps.
