Answer:
Explanation:
Example
Let us take this slowly by considering a bicycle. You are given 1 bicycle and you wish to sell it. 4 people are interested and think your price is fair.
so the supply is 1 bicycle
and the demand is 4 people
If those people are want the bicycle equally, what do you think could happen to the price of the bicycle? Shouldn't it go up? Especially if they are all willing to make side deals.
Supply: 1 bicycle
Demand: 4 people
Price goes up.
Now go back.
Suppose you have 10 bicycles and only 8 people are bidding on them. They are not really that interested. So you have to lower the price until someone bites.
Supply: 10 bicycles
Demand: 8 people.
Price goes down. The supply exceeds the demand.
are there any answer choices ?
Answer:
Explanation:
300 years
The parties signed the Adams-Onis Treaty in 1819, and the transfer officially took place on July 17, 1821, over 300 years after Spain had first claimed the Florida peninsula.
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Answer:
hey I am not sure but I think the fourth option is the answer, property tax
Answer:
Machines came into use, people were paid less, they were forced to work long hours, etc.
Explanation:
I remember learning about this a while ago, it was a horrible time to live in