The graph shows a point of equilibrium.
A graph has Quantity supplied on the x-axis and...
History, 02.04.2020 01:06 youtubeviewer109
The graph shows a point of equilibrium.
A graph has Quantity supplied on the x-axis and price in dollars on the y-axis. A line that represents supply has a positive slope and a line that represents demand has a negative slope. The lines intersect at point (30, 9). Line P is drawn from the point of equilibrium to the y-axis, and line Q is drawn from the point of equilibrium to the x-axis.
What does "P" represent on the graph?
the point where equilibrium is achieved
the price at the equilibrium point
the average price of goods sold
the point where supply and demand drop
Answers: 2
History, 21.06.2019 17:30
What method did party bosses use to maintain the power of their political machines?
Answers: 1
History, 21.06.2019 18:00
What was martin luther king, jr., referencing in the passage that brought him to lead a protest in birmingham?
Answers: 1
History, 22.06.2019 00:30
The 15th amendment to the u.s. constitution, ratified in 1870, deals with what issue? a. prohibition of alcohol b. voting c. declaring war d. free speech
Answers: 2
History, 22.06.2019 01:50
The methods of handling businesses and industries that conduct business around the world is known as a. globalization. b. socialism c. privatization. d. migration
Answers: 2
Mathematics, 13.01.2021 18:10
Mathematics, 13.01.2021 18:20
Mathematics, 13.01.2021 18:20
Mathematics, 13.01.2021 18:20
English, 13.01.2021 18:20
Mathematics, 13.01.2021 18:20
Mathematics, 13.01.2021 18:20
Mathematics, 13.01.2021 18:20