Supply and Demand Effects farmers in various ways:
- Demand Increase: Price increases, Quantity increases.
- Supply Increase: Price decreases, Quantity increases.
- Demand Decrease: Price decreases, Quantity decreases.
- Supply Decrease: Price increases, Quantity decreases.
<u>Explanation:</u>
Supply and demand, as well as market prices, will rise and fall until they achieve a balance, which is called market equilibrium. As a response to decline the sales, farmers will have to lower the prices until the demand for product increases.
If a farmer set a price which is too high, thus the demand will decrease. If the market price is high, the interest of producers for a certain product or service will increase.
I would go with b, a merchant ship
The answer is A
he also went down their with them to show that he is not playing around.
It might be said that the colony which had its charter revoked because of mismanagement was Pennsylvania. Penn owned the land and sold it to settlers at low prices instead of granting it out expecting to get a profit but he never did. This cause the opening of the colony which let it tho decline in the number of servants.
