The inverse demand and supply functions for a commodity are given bypx=-1/4qx+25/4 and qx=2px-5 respectively 1,determine the equilibrium price and quantity. 2,determine the price elasticity of demand at the equilibrium. 3,what is the state of the market at the price level px=4.​

answer; the correct answer should be (demonstrations); good luck

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; planning;

answersituation analysis;