Round 95.0710 to the Nearest Whole Number. ​

question 14

Multiple Choice

Round 95.0710 to the nearest whole number. ​

• A) 91
• B) 93
• C) 95
• D) 97
• E) 92

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Definitions:

Equilibrium Level

The point at which market supply and demand balance each other, and as a result, prices become stable.

Scarcity

A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.

Shortage

A situation where the demand for a good or service exceeds its supply in the market, often leading to increased prices.

Initial Equilibrium

The initial state of balance where the supply and demand curves intersect, determining the market price and quantity before any external changes.