The price of a certain commodity in dollars per unit at time t (measured in weeks) is given by
?
.
?
Find the equilibrium price of the commodity.
(Hint: It's given by 
. Also, use the fact that 
.)
?
A. The equilibrium price of the commodity is $12.
B. The equilibrium price of the commodity is $20.
C. The equilibrium price of the commodity is $15.
D. The equilibrium price of the commodity is $6.
Answer: A
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Solve the problem.Find the maturity value of a loan of $16,741 at 9.9% for 4 months.
A. $17,293.45 B. $17,431.57 C. $17,155.34 D. $17,343.68
Provide an appropriate response.Is this statement true or false? If b is a multiple of c, then the LCD for 
and 
is 
A. True B. False
Determine the number by which both sides of the equation must be multiplied or divided, as specified, to obtain just x on the left side.-x = -0.99; multiply by
A. - 
B. 0.99
C. -0.99
D. -1
Multiply or divide as indicated. Write the answer in lowest terms.
÷ 
A. 
B. 
C. 
D. 1