Evaluate the Expression for the Given Values

question 130

Multiple Choice

Evaluate the expression for the given values.
-3x - y, for x = 9 and y = 5

• A) 54
• B) 32
• C) 22
• D) 8

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Definitions:

Quantity Demanded

The amount of a good or service that buyers are willing and able to purchase at a specific price.

Excess Demand

Excess demand occurs when the quantity demanded of a good or service at the current price exceeds the quantity supplied, often leading to upward pressure on prices.

Unregulated Market

A market where government agencies do not control or limit the behaviors of buyers and sellers, allowing the forces of supply and demand to freely set prices.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, leading to a stable market condition.