In the supply curve and the demand curve, the equilibrium is reflected where the two curves intersect.
<u>Explanation:</u>
Equilibrium is fundamentally the condition in which the factors involved in the operation achieve balance of values with respect to each other. In the discipline of market economics, two major factors involved are that of supply and demand.
The equilibrium between supply and demand is achieved when the demand for a commodity or a service in the market is equal to the supply of the respective commodity or service.
When represented graphically, the condition of equilibrium is depicted through the intersection of the demand and supply curves.
Answer:
Establecer o fundar una cosa, especialmente una costumbre, una ley o una forma de gobierno.
Explanation:
This document tells me that during the early 1800s, United States was not controlled by one president. There were some places, such as west of the river Mississippi, that were not included in any state or organized territory of United States. Also, during the early 1800s, the life in the United States were distinguished from every other. They did not use the same law or judgment. They did not have the same life style or share the same culture.
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