The equilibrium price or market-clearing price is referred to as the price when the market is at equilibrium (or the same) i.e quantity demanded (the amount of the product that consumers is willing to buy) equals quantity supplied (i.e the amount of product the producers want to sell). Hence, the agreed quantity is termed as the equilibrium quantity.

Therefore, when there is equilibrium of supply and demand (i.e market equilibrium), it maximizes the total benefits to buyers and sellers participating in that market. Both the buyer and the seller gain at this market structure with no loss end.

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4 years ago

How did Muckrakers use the media to encourage reform (change)?

ivolga24 [154]

Answer:

The muckrakers played a highly visible role during the Progressive Era. Muckraking magazines—notably McClure's of the publisher S. S. McClure—took on corporate monopolies and political machines, while trying to raise public awareness and anger at urban poverty, unsafe working conditions, prostitution, and child labor.

Explanation:

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4 years ago

In a gaming situation, a player encounters a character that brings up deep feelings of prejudice. To the player, the character s

victus00 [196]

Option A. A way that the developer would be able to foster less prejudice would be to Include a great number of such characters to bring about further awareness and interaction.

<h3>What is prejudice?</h3>

This is the conception that people may have about others or things that may not actually be on the fact that they have encountered these things.

The developer has to create an environment where they would be able to interact.