Supply and Demand Effects farmers in various ways:
- Demand Increase: Price increases, Quantity increases.
- Supply Increase: Price decreases, Quantity increases.
- Demand Decrease: Price decreases, Quantity decreases.
- Supply Decrease: Price increases, Quantity decreases.
<u>Explanation:</u>
Supply and demand, as well as market prices, will rise and fall until they achieve a balance, which is called market equilibrium. As a response to decline the sales, farmers will have to lower the prices until the demand for product increases.
If a farmer set a price which is too high, thus the demand will decrease. If the market price is high, the interest of producers for a certain product or service will increase.
Queen Victoria Started he Reign 6-20-1837
Original:
The Middle colonies is the greatest place for wheat production. They have a great soil and hard-working people to harvest the wheat grain and oats. Middle colonies is the only source of wheat, so they also have a great chance to trade with others.
Reworded:
Wheat production is at its peak in the Middle Colonies. They have great soil and hard-working people to harvest the wheat grain and oats. Since the Middle Colonies are the sole provider of wheat, they have a great chance to exchange their goods with others.
Answer:
Late 19th century — Close friendly ties between the two began with the 1904 Entente Cordiale, and the British and French were allied against Germany in both World ...
Explanation:
It was too much power to congress
