Think about the law of supply.it states that as prices rise quantity supplied will rise and as prices fall quantity supplied will fall. Now think about the flat screen TV market over the last 15 years or so the prices have come down significantly but there are many more flat screens TVs produced today than there were 15 years ago. Does this violate the law of supply ?

Answers

Answer 1

It does not violate the law of supply.

The law of supply states that the quantity of a good supplied (i.e., the amount owners or producers offer for sale) rises as the market price rises, and falls as the price falls. Conversely, the law of demand says that the quantity of a good demanded falls as the price rises, and vice versa.

we can also say that ,The law of supply says that a higher price will induce producers to supply a higher quantity to the market. Because businesses seek to increase revenue, when they expect to receive a higher price for something, they will produce more of it.

An increase in price almost always leads to an increase in the quantity supplied of that good or service, while a decrease in price will decrease the quantity supplied.

The law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in price results in an increase in quantity supplied.In other words, there is a direct relationship between price and quantity: quantities respond in the same direction as price changes.

Hence ,It does not violate the law of supply.

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Related Questions

ST=3x+3 and TU=2x+9
what is the value of ST?

Answers

The value of ST is 21

How to determine the value

Note that line S, U and T are points in a line segment

From the information given, we have that;

ST = TU

Where;

ST = 3x + 3TU = 2x + 9

Substitute the values into the equation

3x + 3 = 2x + 9

collect like terms

3x - 2x = 9 - 3

Subtract like terms

x = 6

But we have that ST = 3x + 3 = 3(6) + 3 = 18 + 3 = 21

Thus, the value of ST is 21

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Rounding Decimals (pt 2)

questions

1) 10.044 (2 decimal place)
2) 5.903 (1 decimal place)

Answers

1) Would be 10.04
2) Would be 5.9

Hope this helps :)

Kayla wants to coach basketball. The Lady Falcons will pay her a monthly salary of
$2250 plus a bonus of $75 for every game they win. Their rival, the Lady Hornets
offered her a greater monthly salary of $2750 but only gives a bonus of $25 for every
game they win. Write a system of linear equations to determine how many games they
would have to win in order to receive the same pay from either team.
Write the system. You do not need to solve.

Answers

Answer:

[tex]$ \left \{ {{y= 2250 + 75x} \atop {y=2750 + 25x}} \right. $[/tex]

If Kayla's team wins 10 games on each team, she would be paid the same amount.


Step-by-step explanation:

Hello!

Let the amount of money earned be y, and the number of games they win be x.

For the Lady Falcons, the equation would be y = 2250 + 75x.

For the Lady Hornets, the equation would be y = 2750 + 25x.

The system would be [tex]\left \{ {{y= 2250 + 75x} \atop {y=2750 + 25x}} \right.[/tex].

_______________________________________________________

The question says not to solve, but we are going to solve it anyway for practice.

Solve the Systemy = 2250 + 75x
y = 2750 + 25x
y = 2250 + 75x
-(y = 2750 + 25x)
0 = -500 + 50x500 = 50x10 = x

If Kayla's team wins 10 games on each team, she would be paid the same amount.

Can someone please help me with this it’s pre-Calc

Answers

So the x of the vertex is -b/2a which is -6/-2 which is 3. -2*9+6*3+12 is 18+18+12 so the vertex is (3, 48). The vertical intercept is 12.

The two stadiums with the largest capacities are Marshfield Stadium and Bowden Stadium. Marshfield Stadium has a capacity of 6,427 more than Bowden. If the combined capacity for the two stadiums is​ 210,355, find the capacity for each stadium.

Answers

The capacity for the Bowden and Marshfield Stadiums are 101, 954 and 108, 381 respectively.

How to determine the value

Let the Bowden Stadium be x

From the information given, we have that;

Bowden Stadium = xMarshfield Stadium = x +  6,427Sum of both Bowden and Marshfield Stadiums = 210,355

This can be represented as;

x +  x +  6,427 = 210,355

collect like terms

2x + 6427 = 210,355

2x = 210, 335 - 6427

2x = 203, 908

Make 'x' the subject

2x/2 = 203, 908/ 2

x = 101, 954

Then,

Bowden Stadium  = x =  101, 954

Marshfield Stadium = x +  6,427 = 101, 954  + 6,427  = 108, 381

Thus, the capacity for the Bowden and Marshfield Stadiums are 101, 954 and 108, 381 respectively.

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Which single power is equivalent to the expression (4³)²
----

Answers

The single power that is equivalent (4³)² to is 4^6.

What is power?

This is a term in mathematics to refer to the exponents. The given expression is four to the power of three all to the power of two. Exponents helps to represent equations and makes it easier to remember  and handle.

Given data

(4³)²

How to solve  (4³)²

This could be solved using the laws of indices

(4³)² =  4³ * 4²

4³ * 4² = 4³ *² = 4^6

Hence we can say that the single power that is equivalent (4³)² to is 4^6.

base = 4

power = 6

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You drive 15 miles North and then head East and drive an additional 25 miles. What is your total dis- tance?

Answers

Answer: 40

Step-by-step explanation: the answer is only 40 if you are doing addition. and i did 15 + 25. 15 +25 is 25 + 10 = 35+5 =40

Santiago makes 12 dozen cookies for a bake sale. He needs 3/4 teaspoon of baking soda for each dozen. How many total teaspoons of baking soda will Santiago need?

Answers

Answer: Santiago will need 9 teaspoons of baking soda.

Step-by-step explanation:

Convert 3/4 into a decimal (You don't have to. It just makes it a little easier).

3/4 = 0.75

12 * 0.75 = 9

Bob built a large wooden storage box. The box was in the shape of a rectangular prism, as shown below. He covered all the sides of the box with special wallpaper that cost a total of $504. How much did the wallpaper cost per square foot?

Answers

The total cost of wallpaper is $4 per square foot as calculated from the surface area of the rectangular prism.

The total surface area is the total area of all the surfaces of an object. The surface area is calculated by the area of the surface in the form of the 2 dimensional representation.

Here the box is in the form of an rectangular prism , which means that the box is in the form of a cuboid.

From the figure we can see that the dimensions of the box are :

length = 6 feet

width = 5 feet

height = 3 feet

We know that the total surface area of a rectangular prism is given by:

2×(length × width + width  ×height + height × length)

or, 2 × (6×5 + 5×3 + 3×6)

or, 126 ft²

Now the total cost for wallpaper is $504 .

Now to calculate the cost per square feet we will divide the total money by the total surface area.

∴Cost of the wallpaper per square foot=$(504÷ 126) per ft² = $4 per ft²

Hence the cost of the wallpaper is $ 4 per ft² .

Disclaimer: The figure of the prism is attached below.

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Write the sentence as an inequality. 7/8 is at most the difference of twice a number m and 5/4 .

Answers

The inequality stated may be expressed as 2m - 5/4 ≤ 7/8.

What exactly is inequality?

There are four sorts of inequality.

A < B means that A is less than B.

A > B means a is greater than B.

A ≥ B, a is bigger than or equal b.

A ≤ B, a is less than or equal.

In light of the posed query

The maximum difference between two numbers, m and 5/4, is equivalent to an inequality of the form 2m - 5/4 < 7/8.

The difference between two numbers, "m," and 5/4 is 2m - 5/4, which can only represent "less than" or "equal to."

∴ The formula for the given statement is 2m - 5/4 < 7/8.

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I need help, please I been doing this all day!!

Answers

your answer is 34 just did thatttttt

Write an equation of the line passing through the points ​(​3,​10) and ​(-2​,-20​)

Answers

Answer: y=6x−8

Step-by-step explanation:

Please I need help with this my teachers video wont work and I need this to be submitted by today.

Answers

From the given stem-and-leaf plot, we have that:

a) The maximum number of cups of coffee sold on a single day is of 78.

b) In 5 days, less than 60 cups were sold.

c) The average sales is of 65 cups of coffee a day.

What is the missing information?

The questions are missing, and they are given by the image at the end of the answer.

What is a stem-and-leaf plot?

The stem-and-leaf plot lists all the measures in a data-set, with the first number as the key, for example:

4|5 = 45.

Considering the key in this problem, the measures(number of cups of coffee sold each day) are given as follows:

50, 52, 58, 59, 60, 63, 63, 65, 69, 69, 72, 75, 77, 78.

Hence:

a) The maximum number of cups of coffee sold on a single day is of 78.

b) In 5 days, less than 60 cups were sold.

The average of a data-set is given by the sum of all observations in the data-set divided by the number of observations, hence:

M = (50 + 52 + 58 + 59 + 60 + 63 + 63 + 65 + 69 + 69 + 72 + 75 + 77 + 78)/14 = 65.

The average sales is of 65 cups of coffee a day.

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324÷ 5 use long division to determine each quotient. Write your answer as decimal

Answers

Answer:

64.8

Step-by-step explanation:

    64.8      

5/ 324.0

  -30    

     24  

   -20  

       40

     -40  

         0

The answer to the division is 64.8

Anyone know the answer

Answers

The length of the interval AB is 7.21 units.

Given,

From the graph we can have the triangle ABC.

Length of side AC = 6 - 2 = 4 units

Length of side BC = 7 - 1 = 6 units

We have to find the length of AB.

By using Pythagorean theorem we can determine the length of AB.

Hypotenuse² = Altitude² + Base²

AB² = AC² + BC²

AB² = 4² + 6²

AB² = 16 + 36

AB² = 52

AB = [tex]\sqrt{52}[/tex] = 7.21

That is, the length of the interval AB is 7.21 units.

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together, two apples have 1/5 gram of fat. haw many apples have a total of 4 grams of fat?

Answers

Given 2 apples have 1/5 grams of fat, we can set up an equation:

4 / 1/5 = 20

20 apples have 4 grams of fat because:

20 • 1/5 = 20/5

20/5 can be reduced to 4 wholes. Therefore, 20 apples have a total of 4 grams.

What is the equation of the slant asymptote of the rational function?

f(x)=10x3−15x2+x−15x2−2
Responses

y=x−3
y equals x minus 3
y=2x−115
y equals 2 x minus fraction 11 over 5
y=2x−3
y equals 2 x minus 3
y=x−115
y equals x minus fraction 11 over 5

Answers

Using division of polynomials, the equation of the slant asymptote of the rational function is given by:

y = 2x - 3.

How to find the slant asymptote of a rational function?

Suppose a rational function given by a division of two functions, as follows:

r(x) = f(x)/g(x).

The slant asymptote of the function is nothing more than the quotient of functions f(x) and g(x), that is, the division of functions f(x) and g(x).

For this problem, the function is:

r(x) = (10x³ - 15x² + x - 1)/(5x² - 1).

Hence:

f(x) = 10x³ - 15x² + x - 1.g(x) = 5x² - 1.

Using a calculator, the division of these two functions is:

y = 2x - 3 + (3x - 4)/(5x² - 1)

3x - 4 is the remainder, but we consider only the quotient, hence the equation of the slant asymptote of the rational function is given by:

y = 2x - 3.

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Help me quickly plss I’m on a time limit!

Answers

The required intersection would be at the point (55, 460) in the given graph which shows a round of golf is 55 and a total cost is $460.

What is a graph?

A graph can be defined as a pictorial representation or a diagram that represents data or values.

We have been given that the graph represents the following situation.

Golfers must first pay a $75 membership fee and an additional $7 for each round of golf in order to play at Gulf Shores Range.

Golfers at the Royal Estates Country Club pay $5 for each game of golf, but membership costs $185.

Since the x-axis represents a round of golf and the y-axis represents a total cost.

According to the graph,

Here is a round of golf = 55 and a total cost = $460

So the intersection represents this situation at the point (55, 460).

Therefore, the required intersection would be at the point (55, 460) in the given graph.

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What is the overall average number of hours per month of social media use for the countries listed? How does this average compare to your own social media use?

Answers

Internet users worldwide spent an average of 147 minutes per day on social media as of 2022, up from 145 minutes the year before.

Currently, the Philippines is the nation where people spend the most time on social media each day, with an average of three hours and 53 minutes each day. In contrast, Americans only spent two hours, and three minutes every day on social media.

The collection, description, analysis, and drawing of conclusions from numerical data are all tasks that fall under the purview of statistics, a subfield of applied mathematics. Calculus, specifically differential and integral calculus, as well as linear algebra and probability theory, are key components of the mathematical ideas that underpin statistics.

Hence, People typically use social media for 147 minutes every day, or two hours and 27 minutes.

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What are the coordinates of the original point, G?

Answers

The answer is (-4,3)

The reason is because you move -4 steps to the left. and 3 steps upward to get to G.

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describe the relationshipbetween the values of the digits in the 9,999,999

Answers

Answer:

You can multiply 10 to get each place value 9 x 10 = 90

90 x 10 = 9000

9000 x 10 = 90,000

Step-by-step explanation:

Sorry if it doesn't help

Point F is on line segment EG. Given EG = 19 and EF = 15, determine the length FG.

Answers

The length of the line segment FG is equal to 4.

A line segment in geometry is a section of a straight line that is enclosed by two clearly defined endpoints and contains all of the points on the line that lies inside those endpoints. The Euclidean distance between two ends of a line segment determines its length.

Consider a line segment EG,

Let's say F is a point on the line segment.

Then,

Now we have,

The length of the line segment EG = 19 and the length of the line segment EF = 15.

Now,

EG = EF + FG

Subtracting EF from each side,

EG - EF = EF + FG - EF

FG = EG - EF

Substituting the values of EF and EG in the above equation,

FG = 19 - 15

FG = 4

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Answer:

4

Step-by-step explanation:

19-15=4

Find the 69th term of the following arithmetic sequence.
2, 7, 12, 17, ...

Answers

Step-by-step explanation:

a=2

d=12-7=5

[tex]sn = \frac{n(2a + (n - 1)d)}{2} \\ s69 = \frac{69(2(2) + (69 - 1) \times 5)}{2} \\ s69 = 11868[/tex]

HOPE THIS HELPS!!

Set up an equation that can be used to solve the problem. Solve the equation and determine the desired value.
A furniture store has a sale offering ​10% off of all furniture. If Amanda spent ​$360.99 on furniture before​ tax, what was the price of the furniture she purchased before the discount and before​ tax?

The equation is____. The cost of the furniture before the discount and tax is ​$____
​(Type an equation using x as the​ variable.)

Answers

The equation is [360.99 = (x - 0.10x)] and the cost of the furniture before the discount and tax is ​$ 401.1

As per the question statement, a furniture store has a sale offering ​10% discount on all furniture, and Amanda spent ​$360.99 on furniture before​ tax.

We are required to determine the equation using which, we can calculate the price of the furniture before the discount and tax, and also the price of the furniture before the discount and tax.

So, let us assume that the original cost of the furniture (before the discount and tax) is "x".

As per the question statement, Amanda spent ​$360.99 on furniture before​ tax, but with the discount applied over the original cost of the furniture, i.e.,

We can form a linear equation with the assumed variable "x" and the condition mentioned above, and solve the equation to obtain our required answer.

360.99= [x-(10/100*x)}

0r 360.99=(x-x/10)

or 360.99=(10x-x)/10

or 360.99=9x/10

x=401.1

Hence, the equation is [360.99 = (x - 0.10x)] and the cost of the furniture before the discount and tax is ​$ 401.1

Equation: In mathematics, an equation is a formula or a statement, that expresses the relation of equality between two expressions, by connecting them with the "equal to" sign.

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In the triangles below, m/B = m/P and m/T = m/J. What is the length of pq

Answers

Answer:

5 1/3

Step-by-step explanation:

Apply +133.3% to the sides

5,270÷59 what is IT brbr.rnrr

Answers

Answer:

89.3220338983

Step-by-step explanation:

good luck

7/9-1/3 please help

Answers

Answer:

7/9=.77 infinite

1/3=.33 infinite

so

7/9-1/3=0.4444444 infinite

Step-by-step explanation:

7/9-1/3=4/9

Explanation:

1. Find common denominators. Here, the common denominator is 9. Multiply the 2nd fraction by 3 since that’s what you would multiply 1 & 3 with to get 9.
2. Subtract the top numbers only. Now your new equation is 7/9-3/9. 7-3 is 4, keep ur denominator 4/9. Hope this helps you!

At a baseball game, a $5.76 hot dog meal is worth $2.50 more than a tray
of nachos with cheese. How much does the tray of nachos cost?

Answers

The nachos are $3.26

 Help please with my math

Answers

A= final amount
P= initial principle balance
r= annual interest rate
t=Time in years

A=
P=12,900
r=2.56/100=0.0256
t=7

Formula is A=P(1+rt)

And substitue those numbers in:

A=12900(1+0.0256*7)
=15211.68

A whole number rounded to the nearest hundred is 9,452,600. What is the greatest possible value for that number?

Answers

Answer: 9,452,599

Step-by-step explanation:

it is the closest number to the 100th place without going into decimals

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