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:
y+6=2(x-3)
Step-by-step explanation:
y-y1=m(x-x1)
y-(-6)=2(x-3)
y+6=2(x-3)
Y= -3/2x
Because of rise over run so the rise is positive three and the run is negative 2 since it goes towards the negative direction
Answer:
3x² - 9x + 5
Step-by-step explanation:
Given
(5x² - 3x + 4) - (2x² + 6x - 1)
Distribute the first parenthesis by 1 and the second by - 1
= 5x² - 3x + 4 - 2x² - 6x + 1 ← collect like terms
= (5x² - 2x²) + (- 3x - 6x) + (4 + 1)
= 3x² - 9x + 5