A Person Walks from Home to a Store with an Average

question 22

Multiple Choice

A person walks from home to a store with an average speed of 0.91 m/s.When returning home from store, she jogs with an average speed of 1.83 m/s, following her original path.What is the average speed for the round trip?

• A)0.91 m/s
• B)1.22 m/s
• C)1.37 m/s
• D)1.83 m/s

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Definitions:

Supply Equation

A mathematical expression that describes the relationship between the quantity of a good supplied by producers and the good's price.

Price Floor

A legally imposed minimum price below which a good or service cannot be sold, typically above the equilibrium price, leading to surpluses.

Shortage/Surplus

A market condition where the quantity of a good or service supplied is not equal to the quantity demanded; shortages occur when demand exceeds supply, and surpluses occur when supply exceeds demand.

Price Floor

A government or regulatory-imposed minimum price that can be charged for a good or service.