State the Real Number That Corresponds to the Situation $- 10$

question 74

Multiple Choice

State the real number that corresponds to the situation.
-On a cloudy day, the water temperature in the swimming pool drops 10 degrees.

• A) \(- 10\)
• B) 10

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Definitions:

Surplus

A surplus refers to the amount by which the quantity of a good produced or supplied exceeds the quantity demanded, often leading to price reductions.

Equilibrium Price

The price at which the quantity of a good or service demanded meets the quantity supplied, resulting in no surplus or shortage.

Surplus

An excess amount of a commodity or resource beyond what is needed or utilized.

Quantity Supplied

In economic terms, this is the amount of a good or service that producers are willing and able to sell at a given price over a specific time period.