AddieUnchained
AddieUnchained AddieUnchained
  • 02-04-2018
  • Mathematics
contestada

Using the above supply/demand graph, what is the price at the point of equilibrium? a. 105 b. 100 c. 95 d. 80

Using the above supplydemand graph what is the price at the point of equilibrium a 105 b 100 c 95 d 80 class=

Respuesta :

stumpj781
stumpj781 stumpj781
  • 20-11-2018

As stated by others, the correct answer out of the choices is A.) 105

Have a great day | night everyone! :)

Answer Link
calculista
calculista calculista
  • 12-02-2019

Answer:

Option A. [tex]\$105[/tex]

Step-by-step explanation:

we know that

The point of equilibrium is when the price of the supply is equal to the prive of the demand

Observing the graph

The intersection point is equal to [tex](80,105)[/tex]

The y-coordinate is equal to the price

therefore

The price at the point of equilibrium is [tex]\$105[/tex]

Answer Link

Otras preguntas

where is the fluid in a graduated cylinder should be read at
An Apple iPad sells for $699.00 on eBay. The markup is 30% on cost. What is the total cost of the iPad sold on eBay?
the introduction of alleles from one population into another population is known as a. genetic drift b. gene flow c. founder effect d. natural selection
which of the following sequences correctly orders these regions from largest to smallest, according to their populations? a. north america, europe, east asia, s
You should look at a copy someday Simple subject Simple predicate Complete subject Complete predicate
Which element is used in light bulbs as a filament
Why humans or a species must reproduce?
the changes in the french government were inevitable because?
The sum of 14 and a number is equal to 17 how to write an a equation
what we can do when we see posters on walls