It was John A. Logan and the proclamation was called "Memorial Day Order", or General Order No.11.
Goods that are considered to be needs tend to be inelastic when the price changes.
The American interests were best served by the Gadsden Purchase, because the Americans purchased the Gila River and west of the Rio Grande. This was a big purchase for the United States from Mexico and a transcontinental railway along a deep southern route. This expanded trade opportunities and business opportunities from the Pacific to the South and eased some tensions which had been present since the land swap.
Answer:
D. To ensure that a steady flow of accurate information exists between the negotiating parties.
Explanation:
A conciliator is a person who gets involved in a dispute in order to help both sides reach an agreement. This person acts as a mediator, and one of his roles is to make sure that there is a steady flow of accurate information between the parties. Often, the mediator will meet with each party separately in order to understand their personal needs and desires before meeting with them together.
Answer:
Option “A” Increase, output to increase, price to decrease, and profits to decrease.
Explanation:
Option A is the correct answer because the purely competitive industry is the one in which there are free entry and exit of firms. Generally, firms enter when there is economic profit in the industry. In this way, the economic profit of the industry will attract new firms to enter the industry. Accordingly, new firms will enter the industry. As a result of the entry of new firms in the market, the supply of goods and services (industry supply) will increase which will result in a decrease in the prices of the commodity. This decrease in price will result in lower profit.
