The given question is incomplete as the group of choices are not given, required to answer the question. However, the group of choices for this question is as follows:
1) stable – if we are there we will stay there, unless outside forces change
2) unique – there is one and only one equilibrium, a property which follows from the “Law of Demand” and “Law of Supply”
3) self-enforcing – at higher prices there is downward pressure on price; at lower prices there is upward pressure on price – therefore if we are at some other price, we will be pushed toward the equilibrium price
4) All of the above statements are correct
Answer:
The correct answer is - option 4. all of the above statements are correct.
Explanation:
According to the model of the demand and supply, market equilibrium in the model of the supply and demand is the market where the balance between supply and demand is equal and due to equal demand and supply prices of a particular product is stable.
If there is an over-supply of products than the demand in the market the prices will go down, which results in higher demand. At higher prices there is pressure on the price to move downward; at lower prices, the pressure would be upward.
Thus, the correct answer is - option 4. all of the statements are correct
True
Explanation:
I've worked in fastfood resturaunts, even though most had 4-5, you could easily feel like a puppet.
Answer:
the U.S. Supreme Court that upheld the constitutionality of racial segregation laws for public facilities as long as the segregated facilities were equal in quality basically the "separate but equal" but it wasent really equal
Explanation:
Answer:
To write the paragraph, come up with a hook or a question that would lock the reader into what you are writing. After you have done that, make sure to stick to the main idea outside of the paragraph. It is okay to put your opinion in the paragraph at the end.
Explanation:
Only the Congress (which is in the legislative branch) can propose a
constitutional amendment, which must not only be approved by a large
majority in the Congress itself but must also be ratified, or approved,
by two-thirds of the states.
Since one of the powers of the
president (who is in the executive branch) is to suggest legislative
agendas, the president can technically also suggest a
constitutional amendment to the Congress. But in this case the
president's proposal is merely a suggestion and has no legislative
authority, since the real authority is with the Congress.
Answer: The legislative branch
