The Average Speed of a Horse That Gallops a Distance

question 42

Multiple Choice

The average speed of a horse that gallops a distance of 10 km in a time of 30 min is

• A)10 km/h.
• B)20 km/h.
• C)30 km/h.
• D)more than 30 km/h.

Distinguish between movements along the curve and shifts of the curve for both demand and supply.

Recognize the difference between normal goods, inferior goods, substitutes, and complements.

Analyze the impact of external factors on the demand and supply of goods.

Understand the concept of equilibrium and how it is affected by changes in demand and supply.