The equilibrium price is the price of a good or service when the supply of it is equal to the demand for it in the market. If a market is at equilibrium, the price will not change unless an external factor changes the supply or demand, which results in a disruption of the equilibrium.
That would be the principal of federalism
<span>In 2012, falling supply or increased demand of food had a significant effect on food prices.
When there is a falling supply of goods, prices tend to increase with the constant demand for such goods. If there is an increased demand for food, sellers tend to increase prices to get more profit from such demands.
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Answer:
A communist who has infiltrated a capitalist society
<u>Things must occur for people living together to become a civilization:</u>
Civilization refers to the social and cultural development of man in an advanced state. There are several elements of civilization, including:
- Large population
- A centralized government
- Organized religion
- Architecture, art, infrastructure and unique style
- Writing
- Professional specialization and social activities
The three most important things that are necessary are centralized government, social class and writing. A centralized government is a person or group of people responsible for creating and enforcing the law. The US centralized the federal government in Washington. The social class is divided into upper, middle and lower. USA uses English.
