1. The graphs of the supply function and the demand function for the same product are shown below. Use these graphs to answer the following questions: 1000 1000 900 900 800 800 700 700 8 600 à 500 600 à 500 a 400 P. 400 300 300 200 200 100 100 200 400 600 800 1000 200 400 600 800 1000 Q= quantity Q= quantity Graph#1 Graph#2 Which of the given graphs is the display for the demand function?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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