1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
anygoal [31]
3 years ago
15

The graph shows a point of equilibrium. If supply for a product is low but demand is high, what most likely needs to happen to a

chieve equilibrium? The price needs to be raised. The price needs to be lowered. The supply needs to be raised. The demand needs to be lowered.
History
1 answer:
Vikki [24]3 years ago
5 0

The correct answer is "The price needs to raised".

In demand vs offer chart for any good, whenever there is an increase in the demand but the supply

  • remains constant,
  • declines
  • experiences smaller growth in comparison to that of the demand

This will lead to an increase in price. As producers see a window of opportunity to get the most profit possible of an increasing wave of demand. The price will grow until the new <em>"point of equilibrium"</em> is reached, which is the amount the overall demanding customer is willing to pay for that good.

You might be interested in
How do scholars know that Indo-Aryans raised cattle and depended upon their milk, but later turned to agriculture?
Talja [164]

The scholars know that the Indo-Aryans was once raised cattle and depended upon their milk but later turned to agriculture for they found evidence in the Vendidad where it shows the importance of sheep and cattle-rearing and their agricultural activities was considerably developed. These have been proved from careful comparison of a number of Vedic and Avesta words relating to agriculture.

Moreover, in most Vedic hymns, one can draw a conclusion that they settled down to a peaceful agricultural life and in the book of Atharva Veda, it contains the tradition of agriculture and that Prthi-Vainya was the inventor of ploughing.


8 0
3 years ago
Read 2 more answers
What is moksha? Lol someone plz help
zvonat [6]

Answer:

Term used in religions that means enlightment.

Explanation:

Also called vimoksha. Buddism, Jainism, and Sikism use it as a vary of enlightment.

4 0
3 years ago
What type of sample would be representative of a whole group?
uranmaximum [27]

Option B

random sample type of sample would be representative of a whole group

<h3><u>Explanation:</u></h3>

A simple random sample is a subset of a demographic population in which every part of the subset has a uniform likelihood of being preferred. A simple random sample is intended to be an impartial portrayal of a collection.

Each member of the population being considered should possess an equivalent probability of being chosen. A sampling error can transpire with a simple random sample if the specimen does not end up exactly matching the population it is assumed to reproduce.

3 0
3 years ago
Read 2 more answers
Why was the emancipation proclamation significant
Black_prince [1.1K]

Answer:

The Emancipation Proclamation led the way to total abolition of slavery in the United States. With the Emancipation Proclamation, the aim of the war changed to include the freeing of slaves in addition to preserving the Union.

Explanation:

8 0
3 years ago
What helped unite the Islamic empire as it spread under The Abbasid dynasty?
balu736 [363]
Arabic language. Just did it on Flvs.
8 0
3 years ago
Read 2 more answers
Other questions:
  • WHAT IS THE DEFINITION OF A STATE?
    13·2 answers
  • What was one affect of the conflicts between native americans and white settlers?
    11·1 answer
  • Which phrase best describes anti-Semitism?
    7·2 answers
  • If you know any of these can you help me out, it’s about the Berlin Conference
    7·1 answer
  • About half of new york city's population fled when the british occupied the city.
    14·1 answer
  • Select the three main outcomes from Bacon's Rebellion
    13·1 answer
  • During the American Revolution, Writs of Assistance gave British officials the right to enter and confiscate anything the owner
    14·1 answer
  • All of these statements regarding developments in the French Revolution prior to September 1792 are correct EXCEPT
    11·1 answer
  • Q: In your opinion, which was the main cause of the Civil War and WHY? (You must provide at least 2 facts to support your opinio
    9·2 answers
  • 5. How is the use of antibiotics in humans making pathogens more resistant to antibiotics?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!