If the actual price in this market were below the equilibrium price, what would drive the
market toward the equilibrium?

the answer is true.

step-by-step explanation:

3< x< 5

step-by-step explanation:

|x - 4| < 1

there are two solutions, one positive and one negative.   remember to flip the inequality when taking the negative solution

x-4 < 1       x-4 > -1

add 4 to each side

x-4+4 < 1+4       x-4+4 > -1+4

x< 5                 x> 3

3< x< 5

make sure you have version 2.50

try looking in the very back of the book : )

step-by-step explanation:

you can download it here