1. Equilibrium in a market means which of the following?
o the point at which quantity supplied and quantity demanded are the same
o the point at which suppliers begin to reduce prices
o the point at which unsold goods begin to pile up
o the point at which prices fall below the cost of production

Answers

Answer 1

Answer:

the point at which quantity supplied and quantity demanded are the same

Explanation:

Equilibrium in a market means the point at which quantity supplied and quantity demanded are the same. For a market to attain a state of equilibrium, the quantity of goods supplied should be equal to the quantity demanded to ensure there is neither demand nor supply surplus

Answer 2
Final answer:

Market equilibrium refers to the point where the quantity supplied is equal to the quantity demanded, also known as the market clearing price. This condition indicates a balanced market with no surplus or shortage, and economic forces will drive the market towards this point if it is not already there.

Explanation:

Equilibrium in a market means the point at which the quantity supplied and quantity demanded are the same. This equilibrium point is also known as the market clearing price, representing a state of balance where the products offered by suppliers are purchased by consumers with no surplus or shortage. This state of balance is an important concept in economics, as it reflects a scenario where resources are allocated efficiently and markets function optimally without wastage or unmet demand.

Equilibrium Price and Quantity

The equilibrium price is the price where the quantity demanded is equal to the quantity supplied, whereas the equilibrium quantity is the amount of goods or services traded at this price. When a market is not at equilibrium, economic forces work to move it towards the equilibrium point. Factors such as changes in demand, supply, and the availability of factors of production like labor and materials can shift the market towards or away from equilibrium.


Related Questions

What is the city located on the chesapeake bay that is the capital of maryland

Answers

Answer:

Annapolis

Explanation:

Annapolis is the capital city of Maryland, and it is located on the Chesapeake Bay.

Final answer:

The city on the Chesapeake Bay that is the capital of Maryland is Annapolis. It was part of a colony established by the Calvert family in the 17th century.

Explanation:

The city located on the Chesapeake Bay that is the capital of Maryland is Annapolis. Annapolis is a historically rich city, first encountered by Captain John Smith as part of his explorations in the 17th century. The region was later part of a charter granted to the Calvert family to establish a colony, which they named Maryland after Henrietta Marie, wife of Charles I. This colony was unique in that it granted the Calverts ownership of all the land and had the colonists swearing oaths to the Baron. Today, Annapolis is known for its history, charm and proximity to the water.

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which of the following damaged the political relationship between great britain and china during the mid 19 century

Answers

Answer:

Great Britain would not stop selling opium in China.

Explanation:

Answer:

Great Britain would not stop its merchants from selling opium in China

Explanation:

Need help in US history

Answers

Answer:

D

Explanation:

Mexican poet, essayist, and critic ________ was one of Latin America’s great modern writers.

Answers

Gabriel García Márquez is your answer.

Hope this helps!

If you were to read an excerpt from a journal written by a woman during the
time of the American Civil War, which of the following would you consider to
help determine if the source has any bias?
O
A. The writer's financial situation: Was she paid for her writing?
O
B. The writer's point of view: Which side did she support in the war?
O
C. The writer's means of publication: Was she self-published?
O
D. The writer's education: Did she have expertise in writing or history?

Answers

In my own opinion I believe the answer is B, due to the fact that you can see what she had went through, through her writing.

The main goal of the truman doctrine was to

Answers

Answer:

Counter Soviet geopolitical expansion during the Cold War.

Explanation:

Announced by President Harry S. Truman to the Congress on March 12th, 1947, and continued on July 12th, 1948, the Truman Doctrine was meant to contain threats in Turkey and Greece.

Answer:Fight the spread of communism

Explanation:

A P E X

What did the puritans want to find in america

Answers

Answer:

A place where they can purify the Church of England

Final answer:

The Puritans in America wanted to create communities based on reformed Protestantism, practice their faith without interference, and purify the Church of England. They established settlements like Plymouth with the hope of creating a model Christian society and fostering a strong economy to attract settlers and reflect God's favor.

Explanation:

The Puritans, an intensely religious group of Calvinists, sought to create communities in America founded on reformed Protestantism. These groups, notably including the Pilgrims who established the Plymouth Colony, wanted to practice their faith free from the perceived corruptions and religious persecutions of the English Church and Parliament. William Bradford, a notable leader and Separatist among the Puritans, voyaged on the Mayflower in 1620 with hopes of establishing a profound religious community with 'inward zeal...for the propagating and advancing the gospel of the kingdom of Christ in those parts of the world.'

The Puritans aimed to purify the Church of England from its Catholic traces and prove that a reformed theocracy was sustainable. They envisioned New England as a new 'English Israel,' a model for the Christian world and a refutation of Catholicism, which they saw as a menace. In economic terms, while pursuing religious goals, they also aimed to foster a strong economy as a sign of God's favor.

How does the professor in “Saboteur” take revenge on what happened to him? Who is affected by this revenge, as stated at the end of the story? Explain whesthwe or not he took the revenge too far and why. What could he have done instead?

Answers

He did not take the revenge too far

What did scientists believe caused the Richat Structure when it was viewed from space by the first astronauts? What do scientist now believe created this landform?

Answers

Answer:

This prominent circular feature, known as the Richat Structure, in the Sahara desert of Mauritania is often noted by astronauts because it forms a conspicuous 50-kilometer-wide (30-mile-wide) bull's-eye on the otherwise rather featureless expanse of the desert. Initially mistaken for a possible impact crater, it is now known to be an eroded circular anticline (structural dome) of layered sedimentary rocks. Extensive sand dunes occur in this region and the interaction of bedrock topography, wind, and moving sand is evident in this scene. Note especially how the dune field ends abruptly short of the cliffs at the far right as wind from the northeast (lower right) apparently funnels around the cliff point, sweeping clean areas near the base of the cliff. Note also the small isolated peak within the dune field. That peak captures some sand on its windward side, but mostly deflects the wind and sand around its sides, creating a sand-barren streak that continues far downwind. This view was generated from a Landsat satellite image draped over an elevation model produced by the Shuttle Radar Topography Mission (SRTM). The view uses a 6-times vertical exaggeration to greatly enhance topographic expression. For vertical scale, note that the height of the mesa ridge in the back center of the view is about 285 meters (about 935 feet) tall. Colors of the scene were enhanced by use of a combination of visible and infrared bands, which helps to differentiate bedrock (browns), sand (yellow, some white), minor vegetation in drainage channels (green), and salty sediments (bluish whites). Some shading of the elevation model was included to further highlight the topographic features. Elevation data used in this image was acquired by the Shuttle Radar Topography Mission (SRTM) aboard the Space Shuttle Endeavour, launched on February 11, 2000. SRTM used the same radar instrument that comprised the Spaceborne Imaging Radar-C/X-Band Synthetic Aperture Radar (SIR-C/X-SAR) that flew twice on the Space Shuttle Endeavour in 1994. SRTM was designed to collect three-dimensional measurements of the Earth's surface. To collect the 3-D data, engineers added a 60-meter-long (200-foot) mast, installed additional C-band and X-band antennas, and improved tracking and navigation devices. The mission is a cooperative project between the National Aeronautics and Space Administration (NASA), the National Geospatial-Intelligence Agency (NGA) of the U.S. Department of Defense (DoD), and the German and Italian space agencies. It is managed by NASA's Jet Propulsion Laboratory, Pasadena, Calif., for NASA's Earth Science Enterprise, Washington, D.C.

Explanation:

Answer: First, it was thought that it was the result of a meteor impact, but today it´s believed to have been caused by a process of geological uplift and later erosion from wind and water.

Explanation:

Also known as the Eye of Africa, the Richat structure is located in Mauritania. It´s composed of concentric bands that are made of resistant quartzite rocks form ridges, and valleys of less-resistant rock.

It has a diameter of 50 km and is one of the geological formations that are better perceived from space than from the ground, and it was a recognisable landmark to astronauts since their first missions.

50 POINTS!!!!
What does it say in the constitution about limited government? I need exact quotes from the constitution referring to limited gov

Answers

Answer:

In the United States, the idea of limited government originally implied the notion of a separation of powers and the system of checks and balances promoted by the U.S. Constitution. As part of the Bill of the Rights, the Ninth Amendment and the Tenth Amendment summarily spelled out the principle of limited government.

hope this helps :)

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What was the total number of americans killed in the korean conflict

Answers

Answer:                61,950 Americans including the unaccounted soldiers

                              54,246 otherwise

Explanation:

The casualty toll had been reported as 54,246 until June 2000, when the Pentagon acknowledged that a clerical error had included deaths outside the Korean War theater in the total. There are 7,704 American soldiers still unaccounted for from the Korean War as of April 2018.

Who was the commander of the Allied forces on D Day?

Answers

General Dwight D. Eisenhower

A conclusion that can be drawn about the allied invasion of normandy in 1944 is that

Answers

It opened up a second front in the war, which lead ultimately to the defeat of nazi Germany.

The right answer is: it was short but difficult series of battles.  

Allied forces and Nazi Germany faced each other in a series of battles in Normandy, North France, known as “The Invasion of Normandy”. It lasted, more and less, a month and a half between June and July 1944, but it was important for the final result of the Second World War. It was difficult for the Allied because the Nazi had built large defenses and fortifications in the coast line that were able to broke at the end, provoking a retreat to the East from the Nazi force.  

What was the code name for the d-day invasion?

Answers

Operation Overlord was the codename for the Battle of Normandy, the Allied operation that launched the successful invasion of German-occupied Western Europe during World War II. The operation was launched on 6 June 1944 with the Normandy landings (Operation Neptune, commonly known as D-Day).

Nixon is often called an accidental liberal because

Answers

Answer:

His preoccupation with getting reelected led him to advocate many liberal goals

Final answer:

The term 'accidental liberal’ used for Nixon refers to certain unexpectedly liberal policies he implemented during his presidency, such as expanding affirmative action and creating the Environmental Protection Agency.

Explanation:

Richard Nixon is often referred to as an accidental liberal because of certain policies he implemented during his presidency that were more liberal than conservative, challenging the norms of his party. Despite his conservative and somewhat controversial approaches towards civil rights and ethnic minorities, Nixon was moderate or even supportive in several policy areas such as economic aspects which benefited African Americans.

Nixon expanded affirmative action programs, which were designed to improve employment and educational opportunities for racial minorities, a move generally associated with more liberal politics. Many of these moves were seen as contradicting his conservative political ideology, hence leading to his labeling as an accidental liberal.

Another reason that Nixon was dubbed an accidental liberal is his establishment of the Environmental Protection Agency (EPA) in 1970, a progressive move towards protecting the environment. This institution would become a central force in environmental policy, an area typically given more attention by liberals. All these actions contributed to the formation of a liberal legacy to Nixon's presidency, contrary to his perceived political leanings.

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After which war did the Ku Klux Klan first emerge?


The ____ war.

Answers

Answer:

The Civil War

Explanation:

Pretty obvious why it happened. Confederate veterans were fed up with the Conservative legislators, so they created a hate group to go against the typical Conservative idea that slaves should be free. Hope this helps :)

Ku Klux Klan first emerge after Civil War in 1870s.

Ku Klux KlanEmergence of Ku Klux Klan after Civil war:

Ku Klux Klan, one of two different American hate groups that used terror to advance their racist goals. One organization was started right after the Civil War and remained active until the 1870s. The other started in 1915 and is still going now.

Confederate veterans in Pulaski, Tennessee, established the 19th-century Klan first as a social group in 1866.According to them, the name Ku Klux Klan was derived from the Greek word kyklos, which is where the English word "circle" originates from. "Klan" was added for the sake of alliteration. The group swiftly evolved into a conduit for Southern whites opposing Radical Reconstruction. The newly-emancipated Black freedmen became the target of intimidation and violence by Klan members who wanted to restore white supremacy.

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Why is it important to consider the historical context surrounding an event when making a historical interpretation A. Events happening at the same time might have influenced one another B. Every historical interpretation must consider the political and social consequences of an event. C. A conclusion that does not consider context is a generalization rather than an interpretation. D. Historical interpretations are only valid if they are written in a similar context as the event.

Answers

Answer:

Events happening at the same time might have influences one another.

Explanation:

First of all, ''context'' refers to social, religious and economic variables, that's why they must be included in every social event that's being analysed, because all these variables influence one on another. For example, economy is influenced by religion due to the perception it gives it (rich are mean and poor are spiritual).

On the other hand, social behaviour and events are defined by other circumstances like religion because it was set a bunch of rules of proper human behaviour according to sacred scriptures.

So, at the end, interpreting history becomes a really difficult activity because is a multi variable science.

What was V-E Day? A. Victory in England Day B. Victory in Europe Day C. Victory in Japan Day D. Victory Every Day

Answers

B. Victory in Europe day

Answer:

The correct answer is B. VICTORY IN EUROPE DAY.

XOXO plato-fam

Explanation:

How are wages usually determined in a capitalist economy?
by laissez-faire
by government policy
by supply and demand
by regulation

Answers

Answer:

by supply and demand

Explanation:

If a type of worker is in rare demand (usually because of skills required), they will command a higher salary. If a company doesn't offer a salary high enough, it will not fill the post, or at least it will not fill it with competent staff, as skilled workers will obviously go where they can trade their skills for most money.

If a type of work doesn't require any special skill, then anyone can do the job... so there are plenty of workers... and companies can offer a low salary and still fill their positions because there will always be more people ready to do the work.

Answer:

the answer is c by supply and demand

Explanation:

Which state has never sent a woman to congress?

Answers

5 states have never elected woman to congress but Vermont is the only state that has never sent a woman to either chamber of congress

What is the main reason Mao Zedong was able to make China communist?A. The landlords supported him because he demanded obedience.B. The business owners supported him because he wanted to industrialize China.C. The peasants supported him because he promised them land.D. The warlords supported him because he promised them tax revenues.

Answers

B. They supported him because he wanted to industrialize China

Answer:

a. The landlords supported him because he demanded obedience

Brueghel's painting "Landscape with the Fall of Icarus" focuses on one specific part of the myth "The Story of Daedalus and Icarus" by Ovid. Describe the portion of the myth that the painting illustrates. Then imagine that the painting also included Daedalus's response to Icarus falling into the sea. Explain how the tone of the painting would change if Daedalus's response was shown. Be sure to use specific details from the painting and the myth to support your ideas.

Answers

Answer:"Landscape with the fall of Icarus" touches upon the Greek myth of the catastrophe about Icarus. Similarly, as we know, as stated by Ovid Furthermore Apollodorus, Icarus, a child about Daedalus, took flight from detainment wearing those delicate wings as much father tan required formed for him. Imprudent of as much father's cautioning with keeping a center span over the ocean and dodge closeness for that sun, the taking off kid elatedly flew a really near those smoldering sun, which liquefied as many wings in this way that Icarus hurtled of the ocean and passing. Those passing of Icarus, the artist recounts us "As stated by Brueghel," occurred for spring at the quite a while might have been rising altogether its display. That incongruity of the passing of Icarus, who need continuously been an image for those poet's upward flight that finishes clinched alongside tragedy, will be that as much demise dives unnoticed in the spring--a negligible sprinkle in the ocean. The dread of constantly on poets--that their death will try "quite unnoticed"--is an old What's more pervasive topic. That Williams reiterates those subjects will be critical in the term of an artist who generally felt the globe required never completely distinguished as many accomplishments.  

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Help-Summer school work ugh..
Why did enslaved people run away to join the British forces?

Answers

Answer:

they joined to british forces because they were seeking liberty

Explanation:

Answer:

they joined to british forces because they were seeking liberty

Explanation:

During the Revolutionary War, many enslaved people joined the British Forces because the British promised freedom for slaves. Lord Dunmore in November 1775 offered freedom to slaves and indentured servants that were able and willing to bear arms for the British. But there was a catch, his offer was only for slaves that were owned by rebels, not by loyalists.

Causes and effects of the great depression

Answers

Causes:

-stock market crashing

-overproduction

- collapse of money supply

-Smoot Hawley Tariff raised imported items to become  expensive; Herbert Hoover is the one to blame for signing.

Effects:

- the lowest point in the Great Depression was in 1933; fifteen million (25% of all workers and 37% of nonfarm workers) were unemployed and almost half of the country’s banks closed.

-By 1932, riots and hunger marches were very common

-African Americans suffered more than white people since their jobs were taken away and given to white people

-Children had to take on many responsibilities

-Upper-middle class professionals even struggled when they lost up to 40% of their income

-Households experienced a new level of frugality (had to learn inovated ways to save money)

-Many families kept small gardens with vegetables to survive

-pices have dropped and profits plummeted, sending the economy into further spiral.

-Worldwide Gross Domestic Production ) sunk by 15%.

-International trade halved, especially as construction halted in many countries.

-Small farming and rural communities suffered exponential losses, bringing key industries to a halt, only serving to contribute to the further stagnation of the economy.

What was the goal of the United States in the space race?

to successfully orbit Earth before the Soviets

to successfully land on the moon before the Soviets

to develop satellite technology superior to Sputnik 1

to develop a space station before the Soviets

Answers

Answer:

to successfully land on the moon before the Soviets

Explanation:

The goal of the United States in the space race was to successfully land on the moon before the Soviets.

Answer: I am pretty sure its #2.

Explanation:

In what ways did industrialization lead to increased imperialism? Check all that apply. Industrialized countries wanted larger workforces. Industrialized countries wanted access to raw materials. Industrialized countries wanted refueling stations for their naval vessels. Industrialized countries wanted a reduction in their overseas commitments. Industrialized countries wanted new markets in which to sell their goods.

Answers

Answer:

It is

B. "Industrialized countries wanted access to raw materials. "

C. "Industrialized countries wanted refueling stations for their naval vessels."

E. "Industrialized countries wanted new markets in which to sell their goods."

Hope this helps!!!

Industrialization led to increased imperialism in the following ways:

Industrialized countries wanted access to raw materials.  Industrialized countries wanted refueling stations for their naval vessels.Industrialized countries wanted new markets in which to sell their goods.

Imperialism describes rule by an emperor. It is an ideology that has to do wit a country increasing its power over a country for their own gain which could be political or economical.

With this definition in mind, imperial countries wanted to have more raw materials. They wanted to have more economic opportunities

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What event happened related to west of the continental U. S. in the late 1800's?

Answers

The closing of the frontier happened relating to the west of the continental United States in the late 1800s.

The American government is a big spender. What does it spend most of its revenue on? Please give several examples

Answers

Answer:

Almost all of their spending goes toward paying the benefits required by Social Security, Medicare, and Medicaid.

Explanation:

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Historically, the political culture of the united states has been motivated by the ideals of ________ and individual liberty.

Answers


Liberation and freedom. Because of opportunity

At the beginning of World War I, what policy did Wilson Support?

Answers

Answer:

The right answer is A: He supported the policy of American neutrality.

Final answer:

At the beginning of World War I, Woodrow Wilson adhered to a policy of neutrality, which supported open trade and relationships with all participating nations. His stance changed only when the conflict reached a moral threshold that, in his viewpoint, justified U.S. interference. Meanwhile, he also proposed an internationally acknowledged postwar peace blueprint known as the Fourteen Points.

Explanation:

At the onset of World War I, President Woodrow Wilson supported a policy of neutrality, which stood for maintaining commercial ties with all belligerents and insisting on open markets throughout Europe. In other words, Wilson's neutrality policy did not imply complete isolation from all warring fractions, but rather it meant opening U.S. markets for trade and maintaining friendly ties with all belligerents.

Even though he wanted the U.S. to refrain from participating in warfare unless there was a moral imperative, the escalating war circumstances made it challenging for Wilson to uphold these standards. Nevertheless, Wilson was not initially inclined to engage the U.S. in the war, not until the conflict reached a moral threshold that warranted U.S. intervention in his perspective. Moreover, he unveiled his postwar peace plans, the Fourteen Points, before a joint session of Congress in early 1918.

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Lilly and Laura pooled their money to purchasetheir brother, Liam, a video game for his birthday.The video game cost a total of $45. If Laura wasonly able to contribute of what Lilly did, howmuch did Laura put toward the present? How does writer hernando tellez use pacing to create suspense What is 2^(4/3)equal to? what is two times the sum of 6 and some number is 30. What would the number be.? Rewrite the following linear equation in slope-intercept form. Write youranswer with no spaces A charge -353e is uniformly spread through the volume of a sphere of radius 4.40 cm. What is the volume charge density in that sphere? Two cylinders. The smaller cylinder has height labeled as 1 cm. The larger cylinder has height labeled as 3 cm. The cylinders are similar. The volume of the larger cylinder is 2106 cubic centimeters. What is the volume of the smaller cylinder?93 cm381 cm378 cm365 cm3 Which question cannot be answered scientifically? A. How many particles do two gases at the same temperature and pressure contain? B. What happens to a gas at standard temperature and pressure? C. How does a gas react when heated to 100 degrees Celsius? D. What happens to a sample of gas at absolute zero? Which of the following best explains why the demand for housing is more flexible than the supply? A. New housing developments are being constructed all the time. B. Low interest rates for mortgages make buying a home very affordable. C. The increasing population always drives demand upwards. D. People can move more easily than producers can build new homes. EASY QUESTION PLEASE HELP A cube with a volume of 64 cubic meters is scaled by a factor of 5. What is the volume of the modified cube in meters Can someone help me with this What is the slope of (0,32) and (100,212) The Miller family and the Washington family each used their sprinklers last summer. The water output rate for the Miller family's sprinkler was 30 l per hour. The water output rate for the Washington family's sprinkler was 15 L per hour. The families used their sprinklers for a combined total of 70 hours, resulting in a total water output of 1650 L. How long was each sprinkler used? What is the product of (2x-1)(x+4) A grocery store donated 60 dozen hot dog rolls to the local Youth Baseball League for their Opening Day ceremonies. A total of 679 hotdogs were served. (Hint: a dozen contains 12 items) a) How many dozen rolls were used? (Express your answer in mixed number form) Help me please with this A car with 24 in tires in diameter travels at a speed of 60 mph. What is the angular speed of the tires? Express your answer in degrees per second and round to the nearest degree per second Evaluate 2(x + 1) - 3 when x = 6.. 5. 8. 11OD. 10 Which body is in equilibrium?(1) a satellite orbiting Earth in a circular orbit(2) a ball falling freely toward the surface ofEarth(3) a car moving with a constant speed along astraight, level road(4) a projectile at the highest point in its trajectory Steam Workshop Downloader