Part (a)
The equilibrium price occurs at the intersection of the supply and demand curves. See the diagram below to see how this looks. Ignore the red line and green lines for now. Those will apply for part (b).
If the price was below equilibrium, then we would have a shortage and it would lead to a pressure to push prices upward. If the price was below equilibrium, then there would be a surplus or oversupply, leading to a downward pressure in prices. So inevitably the price lands on the equilibrium if given enough time and there are no external forces acting on the market.
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Part (b)
Let's say we have two people labeled person A and person B. If person A gets a higher education, while person B does not, then person A is likely to earn more money. Person B will see this and want to may want to earn more money as well, so that makes their demand for higher education go up. While of course this rule doesn't work for everyone, in general we'll have enough people to effectively push the demand curve to the right while the supply curve remains where it is. Check out the diagram below to see what I mean.
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Part (c)
Refer to the diagram in part (b). We have a new demand curve which intersects the supply curve to produce a new equilibrium point with price P1 and quantity Q1. So effectively the tuition has gone up due to higher demand.
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Part (d)
If a government provides a subsidy, then this would lower the cost of education to provide people with more opportunities to improve their earning potential. The subsidy would provide a portion of the tuition which gives the illusion of the tuition price being lowered. In a way it's like getting a grant from the government to then pay that money toward your tuition.
57.8 divided by 81, estimate quotient
Answer:
0.71358024691 But really you can say .7
Hiking up a mountain, you notice that the air temperature drops 10°C for every 1,000 meters increase in elevation. Write a multiplication expression to represent the decrease in temperature if you hike up the mountain 3,000 meters. Then evaluate the expression and explain its meaning.
Answer:
30,000
Step-by-step explanation:
Describe the translation of point
P(-6,2) to point P(-10,5) using coordination notation
Answer:
we can go over this ok
Step-by-step explanation:
Answer:
Answer
Step-by-step explanation:
A baker makes 36 cookies in 3 hours. At this rate,
how many cookies can the baker make in 9
hours?
HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
108 filler filler filler filler
Step-by-step explanation:
36*3
Answer:
108 cookies
Step-by-step explanation:
there are 36 cookies in 3 hours
9 divided by 3 is 3, so
36x3= 108 cookies
hope this helped
Brainliest for whoever solves first!! Ty!
Answer:
60 Daisies
Step-by-step explanation:
Answer:
?=60
Step-by-step explanation: 2x12 equal 24 and 5x12 equal 60
Create equivalent ratios
If a lemonade recipe requires 2 cups of sugar for every 6
quarts of lemon juice, how many cups of sugar would be
required for 9 quarts of lemon juice?
Answer:
3
Step-by-step explanation:
6 cups require 2 cups
9 cups require-------x
Cross multiplication
9x2 = 6x
18 = 6x
x= 3
Another way to think about:
6 + half of 6 = 9
Then
2+ and half of 2 = 3
6 is 3 times more than 2
9 is 3 times bigger than 3
a rectangular window has a length of 81.47 cm and a width of 34.2 CM what is the least
-2y-5(6z-4y)-3z can anyone help me
Answer:
18y - 33z
Step-by-step explanation:
-2y-5(6z-4y)-3z
-2y-30z+20y-3z
-2y + 20y + -30z - 3z
18y - 33z
What type of observation is this?
The cheese looks furry.
Answer:
This is a qualitative observation
Step-by-step explanation:
It is observing the qualities of the cheese as opposed to quantity which would include numbers or data.
Use the figure to find the measure of
the angle. Explain your reasoning.
1. ∠4
2. ∠5
3. ∠8
4. ∠6
Answer:
1. ∠4 = 152°
2. ∠5 = 152°
3. ∠8 = 152°
4. ∠6 = 28°
Step-by-step explanation:
1. ∠4 and 152° are vertical angles. Therefore, m∠4 = 152°.
2. ∠5 and 152° are corresponding angles. Therefore, m∠5 = 152°
3. ∠8 and 152° are alternate exterior angles, therefore, m∠8 = 152°
4. ∠6 and <8 are a linear pair. Therefore,
m∠6 + m∠8 = 180°
m∠6 = 180° - m∠8
m∠6 = 180° - 152°
m∠6 = 28°
how would i do this Divide. 3+5/2
Finley and Cooper are wanting to go to SkyZone. Finley pays $53.75 for 5 hours. How much will Cooper pay for 3 hours?
Answer:
10.75 x 3 = $32.25
Step-by-step explanation:
first, we need to figure out how much the cost is for one hour:
53.75/5 = 10.75
therefore, the cost at skyzone for 1 hour is $10.75 , BUT, we still need to figure out the time for 3 hours.
so, 10.75 x 3 = $32.25
Answer: 32.25
Step-by-step explanation:
graph the line y=3x
Answer:
[tex]X:9, 6, 3, 0, -1, -2, -3 \\ Y: 3, 2, 1, 0, -3, -6, -9[/tex]
I need help with this geometry work , can someone help me please .
what is 20% of 60 in decimal example
Answer: 12
Step-by-step explanation: .2 * 60 = 12
Answer: 0.33333 (Rounded to fifth decimal place)
Step-by-step explanation:
Convert 1100111 from binary to hexadecimal
Answer:
67
Step-by-step explanation:
Use the information given to enter an equation in standard form. Slope is 7, and (2,6) is on the line.
ASAP
Answer:
7x - y = 8
Step-by-step explanation:
y - 6 = 7( x - 2 )
y = 7x - 8
7x - y = 8
4. The binomial 12x+15 is equivalent to
(1) 2(6x +15)
(3) 6(6x+9)
(2) 5(12x+3)
(4) 3(4x+5)
You start at (5, -5). You move up 4 units and down 2 units. Where do you end?
Answer:
(5, -3)
Step-by-step explanation:
if you move up four units and then down two, you're only moving up 2 units
the -5 is the y (up/down) value, so you add two to it, ending up with (5, -3)
Answer:
(5,-3)
Step-by-step explanation:
hope this helps :)
please helppp!!!!!!!
Answer:
66
Step-by-step explanation:
The table below represents a linear function. Determine the missing values in the table using the function rule.
Answer: In order: 25, 15, 67.
Step-by-step explanation:
In picture
Identify and write the given and the prove of the following question. "Prove that if 4x+5=6, then x=3."
Answer:
x would have to be 1.5
Step by step solution:
Given: 4x + 5 = 6
Subtraction property of equality: 4x = 6
Division property of equality: x = 1.5
What is the base of the triangle if the area is 56 square meters and the height is 7 m?
A. 4 m
B. 8 m
c. 16m
D. 28 m
Answer:
the answer is b
Step-by-step explanation:
the answer is B 16 m
do the ratios form a proportion? Explain how you arrived at your answer. 9/6 and 156/104
A small order of fries at Wendy’s has 90 more calories than the small order of fries at McDonald’s. If together they have 550 calories, how many calories are in the Wendy’s small order of fries?
Answer:
320 caloriesStep-by-step explanation:
Small order of fries at Wendy’s = x calories
Small order of fries at McDonald’s = y calories
x = y + 90x + y = 550Substitute x in the second equation
y + 90 + y = 5502y = 550 - 902y = 460y = 230Then, x is:
x = 230 + 90 = 320 caloriesThis is my question it is in the screen shot please help me.
1. Estimate the product. Solve using the standard algorithm. Use the thought bubbles to
show your thinking.
2.42 x 12 =
Answer:
The estimation of 2.42 x 12 is 24
Step-by-step explanation:
First, write out the problem,
2.42 x 12
Then simplify each whole number to the nearest tenth,
2.40 x 10
Finally, multiply and you have the answer
24.00
Answer:
29.04
242*12=2904 (show work using standard algo.)
Two numbers after the decimal with give you 29.04
Aaand that's your answer!
Solve this equation for y.
3x - 5y = 12
Drag the phrases into the box to match each expression.
Answer:
theres no image
Step-by-step explanation:
Is the relationship for Camille’s puppies weight in terms of linear or nonlinear
Answer:
linear
Step-by-step explanation:
Where is the picture for this problem???
Answer:
Camille's is linear
Step-by-step explanation:
The weight for Camille's puppy increases in a constant rate(the puppy gains .5 pound per week, every week).
Amit's puppy is non-linear. Observe the table
X 1 2 3 4 5 6 7 8 9 10
Y 4 6 8 12 16 20 22 24 28 32
weeks start out with constant + 2 changes, then at week 3-4 the puppy gains a +4 (no longer linear - your line is no longer straight)
Olivia's puppy is linear