Answers
Answer: D
Explanation: y-2=5/2(x-7)
Related Questions
Predict which statements are true about the intervals of the continuous function. Check all that apply.
f(x) > 0 over the interval (−, 3).
f(x) ≤ 0 over the interval [0, 2].
f(x) < 0 over the interval (−1, 1).
f(x) > 0 over the interval (–2, 0).
f(x) ≥ 0 over the interval [2, ).
Answers
The statements that are true about the intervals of the continuous function are:
f(x) ≤ 0 over the interval [0, 2]. (Option B)f(x) > 0 over the interval (–2, 0). (Option D)f(x) ≥ 0 over the interval [2, ) (option E)What is a continuous function?If a continuous function is defined differently at distinct intervals, it is said to be a piecewise continuous function.
What is the proof of the above?(a) f(x) > 0 over the interval (, 3).
Using the table of f(x), the values in (, 3) are values less than 3; i.e. -3 to 2. If f(2) = 0, then f(x) > 0 is not true
(b) f(x) ≤ 0 over the interval [0, 2].
The values in [0, 2] are values from 0 to 2; i.e. 0, 1 and 2.
If f(0) = 0, f(1) = -3 and f(2) = 0
Then, f(x) ≤ 0
(c) f(x) < 0 over the interval (−1, 1).
Using the table of f(x), the values in (-1, 1) are values between -1 and 1; i.e. 0
If f(0) = 0, then f(x) < 0 is not true
(d) f(x) > 0 over the interval (–2, 0).
Using the table of f(x), the values in (-2, 0) are values between -2 and 0; i.e. -1
If f(-1) = 3, then f(x) > 0 is true
(e) f(x) ≥ 0 over the interval [2, )
Using the table of f(x), the values in [2, ) are values from 2; i.e. 2 and 3
If f(2) = 0 and f(3) = 15, then f(x) ≥ 0 is true
Therefore, only Options B, D, and E are correct.
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Do birds fly? Do they? Is the government making us see stuff
Answers
Answer: lol maybe
Explanation:
Tasha earned $7.55 per hour and an additional $100 in tips waiting tables on Saturday night. Altogether she earned $160.40. Write an equation for this situation. Use h to represent the number of hours.
Answers
7.55h. -100. -100
7.55h. = 60.4
/7.55. /7.55
h. =. 8
The following graph shows the market for sprockets in a local hardware store.
a) identify whether the price of sprockets from $4 to $3 is elastic, unit elastic, or enelastic. Explain.
b) what is the price of sprockets that maximize the hardware store’s revenue? Explain.
c) The price of sprockets is $1. If the hardware store wants to increase its revenue, how should it change the price? Explain.
d) using the midpoint formula, calculate the price elasticity of demand for sprockets when price increases from $2 to $3. Identify the coefficient as elastic, unit elastic or inelastic.
e) using the midpoint formula, calculate the price elasticity of demand for sprockets when price decreases from $5 to $4. Identify the coefficient as elastic, unit elastic or inelastic.
f) based on the scenario in part E, how does the decrease in price affect the hardware store’s revenue?
Answers
The fall in price leads to rise in total revenue and this means the demand is elastic.
How to illustrate the information?Price of widgets= $8
Total revenue= P*Q= 8*12= $96
Price= $7
Total revenue= 7*16= $112
Fall in price leads to rise in total revenue, it means demand is elastic.
b. Price = $7 maximizes the total revenue. Total revenue when price=$7, total revenue = Price* quantity
= $7 × 16=$112.
c. When the price is equal to $9, the demand is elastic. Therefore, there should be a decrease in price in order to increase total revenue.
d. Price elasticity of demand= ((96-112)/(112+96)/2)) ÷((8-7)/(8+7)/2))
= -2.14
This is an elastic demand.
e. When price=$6, Quantity=18
When Price=$5, Quantity= 20
Price elasticity of demand= ((20-18)/(20+18)/2)) ÷((5-6)/(5+6)/2))
= - 0.58
This is an inelastic demand.
f. Total revenue falls from $108 to $100 when the price falls from $6 to $5.
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Question 5 emeka runs a team with members located all across the world. every week he has a 30 minute meeting via a conference call that is required for all teammates. there is frequent absenteeism that is frustrating to him, but he also has difficulty with follow-up on his end due to his workload. this leads to most of his team acting without plans and direction.
Answers
This situation of without plans and direction can be seen as excessive absenteeism.
What is excessive absence?Excessive Absence is known to be the failure of a person to show up for work when there is no instance of no leave to the absence and the absence is one that was not excused on any other basis.
Hence, This situation of without plans and direction can be seen as excessive absenteeism and Emeka have to devise a means that will work and curtail it.
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Below is the market for funnel cakes at a small community fair.
a) what is the equilibrium price and quantity of the funnel cakes?
b) What is the total consumer spending on funnel cakes at the equilibrium point?
c) Calculate the producer surplus and consumer surplus at equilibrium. Show your work.
d) What would be the result if the suppliers charged $6? Explain.
e) Cheese pretzels are substitute good for funnel cakes at the same fair. Draw a correctly labeled graph of the market for cheese pretzels. Shade the area of consumer surplus.
f) A large number of new guests enter the fair. Illustrate the effect of this change on the same graph from part E.
g) does the consumer surplus increase, decrease, or stay the same as a result of the change from part F? Explain.
h) A new cheese pretzel stand opens at the same fair. On a new graph, illustrate the market for cheese pretzels at this fair before and after the new stand opened.
i) if the large number of new guests entering the fair happened at the same time that the new cheese pretzel stand open how would the equilibrium price and quantity for cheese pretzels change? Explain.
Answers
The equilibrium price and quantity for the funnel cakes are:
EP = 6
EQ = 5
Note that Equilibrium price and quantity is the price and quantity where the demand and supply curve intersect.
What is the total consumer spending on funnel cakes at the equilibrium point?Total consumer spending is given by
Price x Quantity
= 30 Units
What is the producer surplus and consumer surplus at equilibrium. Show your work?The producer surplus is given by the yellow right angled triangle in the attached image. To get the producer surplus, we need to find the area of that triangle.
The Area of the triangle is given as;
1/2 b *h
= 1/2 *3 *6
= 9
Since the consumer surplus is the same dimension, hence, it is also given as
= 9
What would be the result if the suppliers charged $6?If the suppliers charged $6, there will be a cut back in the amount of units demanded to 4 units. The law of supply indicates that price and quantity are inversely proportional, all things being equal.
Large number of guests = increased demand.
Increased demand = increased price.
This is given by the law of demand. Which indicates that price and quantity are inversely proportional, all things being equal.
Does the consumer surplus increase, decrease, or stay the same as a result of the change from part F?No, there will be a shift to the right of the the demand curve, Please see the attached image.
If the large number of new guests entering the fair happened at the same time that the new cheese pretzel stand open how would the equilibrium price and quantity for cheese pretzels change?In this case, there would be a new equilibrium point given that Demand and Supply have both shifted right ward. See attached graph.
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Set and Clothing Design Styles: 1970s and Today
Assignment Overview
While costume, set, lighting, and sound designers all have unique responsibilities in a production, they all work together to bring the director’s vision to life. One of the ways in which this is accomplished is by accurately reflecting a particular time in history.
Assignment Directions
In this assignment you are required to watch an episode of the sitcom The Brady Bunch. You can watch it on Hulu.com or Netflix.com, or obtain a copy on DVD from the local library.
Choose two set items or props (e.g. telephone, stove, carpet, beds, painting) from two different rooms (e.g. kitchen, family room, dining area) that reflect the design style of the 1970s. Then select two items of clothing that reflect the design style of the 1970s.
To find out more about design styles, do web searches for the specific items such as “clothing fashion design 1970s,” “telephone designs 1970s,” or “stove designs 1970s.”
Submission Requirements
In a presentation of 10-12 slides, display images of the 1970s styles you selected. Compare them with images of styles you would use as a costume and set designer for a new The Brady Bunch show set in the 2010s. Be sure to list the sources for the images you use.
In a separate slide, identify the season number, the episode name and number, and the year of the episode you watched. Include a list of references you used to learn more about each of the four set items or props you have selected as reflective of the 1970s style of design.
Answers
For your presentation, you will need to watch an episode of The Brady Bunch, and choose two set items or props and two pieces of clothing that reflect the design style of the 1970s. You can watch the episode on Hulu or Netflix, or obtain a copy from the local library.
To find out more about the design styles of the 1970s, you can do web searches for specific items such as "clothing fashion design 1970s," "telephone designs 1970s," or "stove designs 1970s." Use these searches to gather images of 1970s design styles for your presentation.
Then, compare these 1970s styles with images of styles you would use as a costume and set designer for a new The Brady Bunch show set in the 2010s. Be sure to list the sources for the images you use.
In a separate slide, include the season number, episode name and number, and year of the episode you watched. Also include a list of references you used to learn more about each of the four set items or props you have selected as reflective of the 1970s style of design.
In summary, your presentation should have:
Images of 1970s design styles for the two set items or props and two pieces of clothing you selected.
Images of 2010s design styles for the same set items or props and clothing, to be used as a comparison.
A slide with the episode information and list of references used for research.
Total slides should be around 10-12.
Gigachad
Uday Tahlan
Who do you think makes a better lawmaker: a "professional politician" or a "citizen legislator"?
Why did Congress become dominated by career legislators after the Civil War?
Do you think each state should have the right to set term limits on its federal senators and representatives? Explain.
Answers
1) Note that it may be inferred that a Citizen Legislator may make for a better law maker, given that the Citizen is first a citizen before a legislator. This is based on the premise that citizens are better acquainted with the problems of the polity rather than professional politicians who may be after the interest of their party.
2) After the Civil War, Congress was dominated by career lawmakers due to a variety of causes, including the federal government's expanded authority and duties, the rise of political parties, and incumbents' ability to utilize their resources and political connections to secure re-election.
3) Each state has the power to impose term restrictions on its federal senators and representatives, which may have advantages and disadvantages. On the one hand, it may result in a more varied group of lawmakers and a diminution in incumbents' authority. On the other side, it may hinder experienced politicians' capacity to properly represent their states and make educated legislative judgments.
Who is a professional politician?A professional politician is someone who earns a living as a politician or works in politics. They may have worked in government, lobbying, or campaign activity, and they may be elected politicians, party leaders, or political staff.
Politicians are those who are involved in politics, particularly in party politics. Local governments, state governments, federal governments, and international governments all have political viewpoints. Politicians include all government officials.
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Which of the following effects of Hurricane Katrina was most responsible for the scope of the catastrophe?
A)
the storm surge
B)
the high winds
C)
the tornadoes created by the storm
D)
the amount of rain the storm produced
E)
the mudslides
Answers
Answer:
the tornadoes created by the storm
Explanation:
Which of the following are multistate nations
Answers
A group of persons that reside in different states yet have something in common. For instance, Basques, Russians, Koreans, Kurds, Arabs, etc.
Are there multiple states in Russia?Due to its multicultural makeup, Russia has inherited many of the nationality-related issues that beset the Soviet Union. More than 100 different nationalities were recorded in the last official Soviet census, which was taken in 1989. The independent countries that were formerly Soviet republics are now home to the majority of several of those populations.
Are there multiple states in South Korea?An ethnic group is considered to be a multi-state nation when it is the dominant group in several states. Koreans are one example. A stateless nation is created when an ethnic group is dispersed among several states rather than having its own state.
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The complete question is -
Which of the following are multistate nations in U.S. ?
Roger can use his existing resources to produce the following combinations of goods. Based on this information, which of the following statements is true?
a) The opportunity cost is constant for producing bicycles
b) Roger should specialize in bicycles
c) Roger should specialize in skateboards
d) the opportunity cost of the third bicycle is five skateboards
e) Roger enjoys an absolute advantage in the production of skateboards
Answers
The answer choice which is true that Roger enjoys an absolute advantage in the production of skateboards
What is absolute advantage?Absolute advantage can be defined as the ability of a party to produce a good or service more efficiently than its competitors.
In conclusion, Roger enjoys an absolute advantage in the production of skateboards
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Answer:
The opportunity cost of the third bicycle is 5 skateboards.
Explanation:
1. Describe in detail a recent argument or disagreement you have had with a parent or
friend. Discuss how a proponent from one of the six approaches in psychology might view
this argument.
Answers
Note that the argument in question could be about two friends who are having an argument about which party is better: Democratic Party and the Republican Party. Each person believes that their party has moved America forward the most. The proponent of the six approaches in psychology - The cognitive Approach would view this argument as a problem of perception and how each individual's beliefs have shaped their understanding of how the two political parties have shaped the country.
What are the six approaches in psychology?The six approaches in psychology are as follows:
BehavioralCognitiveHumanisticSociocultural Biological andEvolutionary.In the above debate, the friends should be advised to use critical thinking and evidence to evaluate the success of the Democratic and Republican parties in pushing America forward, rather than depending entirely on their personal convictions.
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Articulate a defensible claim or thesis that responds to the prompt and establishes a line of reasoning.
Support your claim with at least two pieces of accurate and relevant information. At least one piece of evidence must be from one of the following foundational documents:
Federalist No. 10
U.S. Constitution
Use a second piece of evidence from another required foundational document from the list or from your study of the electoral process.
Use reasoning to explain why your evidence supports your claim/thesis.
Respond to an opposing or alternative perspective using refutation, concession, or rebuttal.
Be sure your work is neat, easy to read, and free from spelling or grammar errors.
Pls help
Answers
Claim/Thesis: The electoral college system, as outlined in the U.S. Constitution, is an effective means of ensuring fair and just presidential elections.
Evidence:
According to Federalist No. 10, the electoral college system serves to protect the rights and interests of smaller states by giving them a proportionate voice in the election of the president.
The U.S Constitution, Article II, Section 1, Clause 2, establishes the electoral college system as the method of electing the president, demonstrating the framers' belief in its effectiveness.
Reasoning:
The electoral college system, as outlined in the U.S. Constitution, serves to balance the power between small and large states by giving each state a proportional say in the election of the president. This ensures that smaller states are not drowned out by larger states and that the president is elected with the support of a diverse group of states. The fact that the framers of the Constitution chose to include the electoral college system in the Constitution is evidence of its effectiveness.
Opposing perspective:
One potential argument against the electoral college system is that it can lead to a president being elected without winning the popular vote. However, this is a rare occurrence and the framers of the Constitution believed that it was a necessary trade-off to ensure that smaller states have a voice in the election of the president. Additionally, it should be noted that the electoral college system has served the country well for over 200 years, with only a handful of instances where the winner of the popular vote did not become president.
Gigachad
Uday Tahlan
Physiological density measures
the number of people per arable square mile
the number of farmers per square mile of farmland
the number of families per square mile
the number of factories per square mile of city
the number of people per inhabitable square mile
Answers
Note that all of the options listed are examples of different ways that physiological density can be measured. Hence the correct options are (Options A-E).
What is Physiological Density?
The number of people per unit amount of arable land, or land that may be utilized to raise food, is referred to as physiological density. It is a measure of a region's human carrying capacity and is used to assess a region's ability to support its population.
Because it helps to understand the link between population and available resources, physiological density is an essential metric of population density. It is particularly useful in agricultural and urban planning since it allows us to determine how many people can be maintained by a given quantity of land.
It also aids in the identification of regions of overpopulation, which can put a strain on resources and cause issues such as overcrowding and a lack of access to essential services.
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how is technology improving the standard of living in this world
Answers
There are many possible answers to this question. A couple of improvements could be:
- Increased ease in communication
- Can improve security mechanisms in the home and workplace, making people feel safer
- Allows for a digital exchange of money, making for an ease of payment
- Increased marketing and advertisement abilities for companies, allowing for businesses to thrive
- Increased capacity for work-from-home careers
- Improved health using fitness trackers or biofeedback tools
how we can stop corruption in the Philippines?
1 paragraph
Answers
Answer:
Combating corruption in the Philippines requires a multi-pronged approach that includes strengthening institutions and the rule of law, increasing transparency and accountability, and changing cultural attitudes towards corruption. This can be achieved through efforts such as implementing and enforcing stricter anti-corruption laws, increasing oversight and transparency in government and business, and promoting and rewarding ethical behavior. Additionally, it is important to empower citizens to actively participate in the fight against corruption, through mechanisms such as whistleblower protection laws and citizen engagement initiatives. The government and private sector should also work together to promote integrity and ethical behavior, and to create an environment in which corrupt practices are not tolerated.
Explanation:
1. Answer each part separately.
a. Explain ONE reason that post-colonial African states have struggled since
Explain a SECOND reason that post-colonial African states have struggled
since 1960.
Explain a THIRD reason that post-colonial African states have struggled since
1960.
Answers
The colonial power functioned with impunity in all aspects of life, resulting in the persistence of this culture.
What significant alteration occurred in Africa in the 1960s?The year 1960 is known as the Year of Africa because a number of significant occasions, most notably the independence of 17 African countries, brought attention to the increasing Pan-African sentiments on the continent.
What were the top three causes of Africa's decolonization?When it comes to colonizing Africa, the main motives were economic, political, and religious. Powerful nations like Germany, France, and Great Britain were losing money as an economic slump swept across Europe.
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Because the same genes appear in the same order on homologous pairs, similar genes on different homologs align with each other. During recombination, aka crossing over, linear segments of genetic material (the different alleles) can be swapped. What remains unaltered during this process?
Answers
When two homologous chromosomes have various alleles of the same gene, this is referred to as being heterozygous for the gene. On homologous chromosomes are located the two alleles of a gene pair. Genes that are unique from others are called alleles.
What is linear segments of genetic material?Double-stranded DNA is made up of two linear strands that run counter-clockwise from one another, or anti-parallel, and twist together. This structure is referred to as the double helix. The double helix of DNA is made up of long, linear molecules called strands, or nucleotides, that are composed of smaller units called nucleotides. Our chromosomes structures that house our DNA are found inside our cells. The average human chromosomes are divided into 23 pairs. The linear DNA sequences that make up genes do not exactly match the counterparts in proteins.Oftentimes, a model known as "the central dogma" is used to illustrate how genetic information works in biological systems (see figure below). According to this model, transcription transforms DNA information into RNA, and then translation transforms RNA into proteins.To learn more about linear segments, refer to:
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Solve the system of equations using substitution. x = 2 + 4y 3x + 5y = 40
Answers
2. x = 5
Which financial tool is most important when planning for your future financial goals?
Enrolling in a high interest savings account
Creating a budget
Mortgaging a house
Taking on extra debt
Answers
what happens to the ionisation energy when the value of n changes
Answers
which of the following is not true about children and environmental hazards?
A)
Children are at a higher risk of suffering negative effects from environmental hazards than adults.
B)
Children do not have fully developed immune systems.
C)
Children are less likely to suffer from environmental hazards compared to adults.
D)
Children also take in more air per unit mass than adults, which means that they also take in more pollutants relative to their size.
E)
Children have a higher exposure to environmental hazards, because they spend more time outside, on average, than adults.
Answers
The statement which not true about children and environmental hazards include the following: C) Children are less likely to suffer from environmental hazards compared to adults.
What is air pollution?In Science, air pollution can be defined as the contamination of an environment or the atmosphere, especially through an emission of poisonous, hazardous, and toxic chemical compounds (substances) by humans and various industries or factories.
In conclusion, we can logically deduce that a child is more likely to suffer from environmental hazards compared to adults because they spend more time outside and breathe in more air per unit mass than adults.
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What is the one type of data that data storage uses ?
Answers
For existing or upcoming operations, digital information is recorded and preserved on magnetic, optical, or mechanical media.
What is data storage?Information is recorded in a storage medium during data storage. Storage media includes things like handwriting, phonograph records, magnetic tape, and optical discs.
Some people think that biological molecules like RNA and DNA can store data. Almost any source of energy can be used for recording.
File backup and recovery are made simple by data storage in the case of an unanticipated computer failure or cyberattack.
Physical hard drives, disk drives, USB drives, and virtually on the cloud are all options for data storage.
Digital information is stored and retained for past or future actions on magnetic, optical, or mechanical media.
Thus, the data shall be stored in magnetic files.
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Briefly describe ONE claim made in the excerpt. Briefly describe how the developments from the mid–1800s described in the excerpt relate to earlier developments in the late 1700s and early 1800s. Briefly explain how ONE piece of evidence from between 1800 and 1848 could be used to support, modify, or refute the argument made in the excerpt.
Answers
A) The construction of the Erie Canal contributed to the market revolution.
B) The westward settlement of Americans continued a trend of inland settlement and the opening markets in the interior of the continent from the colonial period.
C) Many new canals were opened after the Erie Canal, connecting new areas
How to describe the Erie Canal?The market revolution was influenced by the building of the Erie Canal. Also, American settlement in the west carried on a colonial-era trend of inland settlement and the opening of markets on the continent's interior.
After the Erie Canal, numerous new canals connecting new areas were opened.
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Antas ng pamahalaang kinabibilangan ng gobernador, mayor at kapitan ng barangay.
True
false
Answers
True.
The three levels of government in the Philippines are: national, local, and barangay. The national government is composed of the President, Vice President, and Congress. The local government is composed of provinces, cities and municipalities, which are headed by a governor, mayor, and barangay captain, respectively.
35. what represents the structure of kelp from top to bottom?
-holdfast, blade gas bladder
-blade, gas bladder, holdfast
-stipe, holdfast, blade
-gas bladder, holdfast, stipe
Answers
Sophocles uses dramatic irony in the play to affect the audience in all of the following ways except __________.
to intensify interest
to create sympathy for the protagonist
to increase suspense
to generate sympathy for the antagonist
Answers
Sophocles uses dramatic irony in the play to affect the audience in all of the following ways except to to generate sympathy for the antagonist.
Why are protagonist sympathetic?A sympathetic character is known to be a kind of a fictional character in any given story where the writer is said to believe or expects the reader to see or note along with and care about the Protagonists or others.
In the case above, Sophocles uses dramatic irony in the play to affect the audience in all of the following ways except to to generate sympathy for the antagonist.
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Answer: D. to generate sympathy for the antagonist
Explanation:
Just did the assignment
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Demand and Supply Practice
Use Economic Analysis to determine what happens to the price and quantity of cars in each scenario.
Change
Graph
Economic Analysis
When the average price of
oil, a resource, rises.
The workers who produce
the cars go on strike for
over two months.
Cars are a normal good.
The average income in
America has fallen by 10%.
New studies have shown
that having a new car helps
with mental health.
Many new immigrants,
many of whom are
educated, have moved into
America in the last two
years.
The price of motorcycles, a
product also produced by
car producers, rises.
(Analyze cars!)
1. Draw and Label Equilibrium:
2. The Change:
Supply or Demand
Increase or Decrease
Shifter
3. After: Price
Quantity
1. Draw and Label Equilibrium:
2. The Change:
Supply or Demand
Increase or Decrease
Shifter
3. After: Price
Quantity
1. Draw and Label Equilibrium:
2. The Change:
Supply or Demand
Increase or Decrease
Shifter
3. After: Price
Quantity
1. Draw and Label Equilibrium:
2. The Change:
Supply or Demand
Increase or Decrease
Shifter
3. After: Price
Quantity
1. Draw and Label Equilibrium:
2. The Change:
Supply or Demand
Increase or Decrease
Shifter
3. After: Price
Quantity
1. Draw and Label Equilibrium:
2. The Change:
Supply or Demand
Increase or Decrease
Shifter
3. After: Price
Quantity
Answers
Answer:
Draw and Label Equilibrium:
In the initial equilibrium, the market for cars is in balance at a certain price and quantity. The intersection of the supply and demand curves represents the equilibrium point.
The Change:
a) When the average price of oil rises, the cost of production for car manufacturers increases. This will shift the supply curve to the left, leading to a decrease in quantity supplied and an increase in price.
Change: Supply Decrease, Quantity Decrease, Price Increase
b) When the workers who produce the cars go on strike for over two months, the supply of cars decreases. This will shift the supply curve to the left, leading to a decrease in quantity supplied and an increase in price.
Change: Supply Decrease, Quantity Decrease, Price Increase
c) When the average income in America falls by 10%, the demand for cars decreases. This will shift the demand curve to the left, leading to a decrease in quantity demanded and a decrease in price.
Change: Demand Decrease, Quantity Decrease, Price Decrease
d) When new studies show that having a new car helps with mental health, the demand for cars increases. This will shift the demand curve to the right, leading to an increase in quantity demanded and an increase in price.
Change: Demand Increase, Quantity Increase, Price Increase
e) When many new immigrants, many of whom are educated, move into America, the demand for cars increases. This will shift the demand curve to the right, leading to an increase in quantity demanded and an increase in price.
Change: Demand Increase, Quantity Increase, Price Increase
f) When the price of motorcycles, a product also produced by car producers, rises, this may cause some consumers to shift their demand from cars to motorcycles. This will shift the demand curve for cars to the left, leading to a decrease in quantity demanded and a decrease in price.
Change: Demand Decrease, Quantity Decrease, Price Decrease
After: The final outcome of the changes on the market will depend on the relative strength of each change and the direction and magnitude of their impact on the market. It is possible that some of the changes may offset each other or have a smaller impact than expected. Therefore, it is important to analyze the changes and their interactions to accurately determine the final outcome on price and quantity.
Gigachad
Uday Tahlan
Government Controls*
Price FLOORS go
equilibrium and result in a
Price CEILINGS go
equilibrium and result in a
( AP MACRO)
Answers
A price floor is a government-imposed minimum price for a good or service. When a price floor is set above the market equilibrium price, it results in a surplus of the good or service. This surplus can manifest in the form of unsold goods, excess production, and reduced incentives for producers to produce.
On the other hand, a price ceiling is a government-imposed maximum price for a good or service. When a price ceiling is set below the market equilibrium price, it results in a shortage of the good or service. This shortage can manifest in the form of long lines and rationing, reduced incentives for producers to produce, and increased incentives for consumers to hoard the goods.
In both cases, government controls on prices can disrupt the market's ability to reach equilibrium, where supply and demand balance each other out. Government controls on prices are usually implemented to protect consumers from high prices or to help stabilize prices for certain goods or services, but they can have unintended consequences, such as reducing the incentives for producers to produce, or causing shortages or surpluses in the market.
10. An artist can sell each drawing for $100 and each watercolor for $400. He hopes to make at least $2000 every month. a. Write an inequality that expresses how many drawings and/or watercolors the artist needs to sell each month to reach his goal. b. Graph the inequality. c. If the artist sells three watercolors one month, how many drawings would he have to sell in the same month to reach $2000?
Answers
Answer:
a. 100x + 400y ≥ 2000
b. Graph linked
c. 8 drawings
Explanation:
a. $100 * x (amount for drawing) + $400 * y (amount for watercolor) ≥ (must be greater than or equal to) $2000 (the minimum amount of money for each month)
b. Shows the amount needed of each thing in order to have $2000 or greater
c. 100x + 400(3) = 2000
100x + 1200 = 2000
100x = 800
x = 8