Answer:
p > 2
Step-by-step explanation:
#1. 4:7 8:14 12:21
#2. 5:7 10:14 15:21
#3. 9:7 18:14 27:21
#4. 11:2 22:4 33:6
#5. 7:21 14:42 21:63
#6. 7:5 14:10 21:15
#7. Equals
#8. Equals
#9. Equals
#10 not equal
#11 not equal
# 12. Equals
#13. y=20
#14. y=14
#15. y=15
#16. y=40
#17. y=40
#18. y=36
- 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
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Answer:
y=0. 24x + 12. 7
Step-by-step explanation:
since you start with 12. 7 and gain .24 each year, you would multiply the years by. 24 and just add the 12. 7 I hope this makes sense. also I love your profile picture :)
