Supply and Demand is directly linked to Price x Demand.
In Economics, the connection between goods (or services) that are being offered for a certain price and their demand is called Supply Relationship.<u> The Law of Supply states that there is a direct relationship between the prices of products and services and the supply. So, if there is an increase in the price of these goods and services, the supply for those will increase, as well.</u>
Nixon's actions of giving aid in the Yom Kippur War resulted in the first shortage of petroleum.
The Organization of Petroleum Exporting Countries or OPEC halted the export of oil to the United States as retaliation for the support of United States to Israel.
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The ship exploded in the harbor, killing about 260 Americans. The actual cause of the explosion was unclear. Many historians today believe it originated inside the ship, with no help from the Spanish. Regardless, <u>"Remember the Maine" became the rallying cry for war.</u>
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D. attaching the top of the shoe to the sole was laborious, so matzeliger invented the lasting machine
Jan Ernst Matzeliger (1852 – 1889) created the lasting machine, which significantly changed the way shoes were manufactured.
Matzeliger´s automated shoe laster was patented in 1883. It made possible to produce between 150 and 700 pairs of shoes a day. 50 pairs is what a skilled hand laster could produce in a ten-hour day. Matzeliger´s novelty cut shoe prices in half.
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Memorial Day by visiting cemeteries or memorials, holding family gatherings and participating in parades.
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