3. What happens to a market in equilibrium when there is an increase in supply? Quantity demanded will exceed quantity supplied, so the price will drop.
Quantity supplied will exceed quantity demanded, so the price will drop.
Undersupply means that the good will become very expensive.
Excess supply means that producers will make less of the good.

Jonathan pays $1.90 per pound for potatoes. he buys 8.3 pounds of potatoes. he determines that he will pay $15.77, before tax, for the potatoes. which best describes the reasonableness of jonathan’s solution? jonathan’s answer is reasonable because there are two decimal places in the factors and two in the product. jonathan’s answer is unreasonable because there are three decimal places in the factors and two in the product. jonathan’s answer is reasonable because is 16, and 16 is close to 15.77. jonathan’s answer is unreasonable because is 8, and 8 is not very close to 15.77.

Which term below correctly completes the following sentence? if a function has a vertical asymptote at a certain x value, then the function is what at that value

What is y times x by? y is __ times x