Answer:
I think it may be D. djdjdjdjdjdjkdjdjdkd
Answer:
Britain needed to pay for the expenses of the war.
Explanation:
They also felt that there was little the colonists could do to stop themselves from being taxed.
Answer:
It is negative because dresses are more expensive than shoes.
If government set a price ceiling of $40, there would be:
There is a surplus (or excess demand) of about 8 units.
Explanation:
The Cruise Budget Constraints are for shoes and dresses. The budget constraint is quantity of goods that a consumer can purchase at a given price. Maren's graph elaborates budget constraints for shoes and dresses. The budget constraint for Maren is negative because dresses are more expensive than shoes. Maren can buy more shoes and lesser dresses keeping in mind his budget constraints.
If the government sets a price ceiling of $40 then there will a surplus of demand of about 8 units. The graph shows that at the price of $40 the supply will be 16 units and demand will be 24 units. There will be shortage of supply or excess of demand of about 8 units.
The Cotton Gin impacted the American economy by allowing short-staple cotton to become the South's most important cash crop. The reason the cotton gin was so important to the south was because prior to it the south was only able to produce tobacco and long-staple cotton which was easier to grow and clean; however, after the invention of the cotton gin the South was able to grow and clean short-staple cotton much faster than before and thus able to turn this once unprofitable raw good into it's most import cash crop.
