The equilibrium is the price that comes out from adding all the direct related costs in producing the good or service. To this total you have to add the indirect costs, for example, taxes, salaries, etc. Add up both results and you will have the price.
The equilibrium price is the price that covers all your expenses, both direct and indirect. With this price you do not lose nor earn any money.
By 1688, England had arrived at a kind of constitutional settlement but it was still grappling with two key questions, one of which was <span>b. whether a monarchy should be permanently institutionalized. And in 1701, the Act of Settlement was passed which settled the succession of the Irish and English Crowns on Protestants only. </span>
The antifederalists believed that the Bills of rights was needed. Hope this helps! :) ^^true fact btw we just learned it in history lol
There are several reasons why the New Kingdom of Egypt become so powerful and wealthy, but perhaps the greatest reason was that they consolidated wealth.