bened48
05.03.2021 •
Mathematics
The monthly supply and demand for a particular bike is represented in the accompanying graph. The quantity is in thousands and the price is in hundreds of dollars. Use the graph to answer the following. The demand curve is red and the the supply curve is blue.
(a) Approximately at what price is 6800 bikes supplied? $ (Round to the nearest $50.)
(b) Approximately at what price is 6800 bikes demanded? $Round to the nearest $50.)
(c) Estimate the equilibrium price. $
(d) Estimate the equilibrium quantity.
Thank you!
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Ответ:
b. A data table
Step-by-step explanation:
We say that it is not a scientific model because we don't know what the table shows and because the table contains information. This information hasn't been turned into something visual, that we can call a model.