A market is said to be in equilibrium if the supply and demand curve intersects.
<u>Explanation</u>:
A supply of a certain product meets the demand of that product i.e., if the "supply" and "demand" of the product is equal, then the market is at "equilibrium". The price corresponding to it is then called a market-clearing price or equilibrium price whereas the quantity is known as the equilibrium quantity. But this comes with two conditions of surplus and shortage when there is a change in the supply and demand curve. So, a market to be at equilibrium having an equilibrium price, it is always important that the supply meets the demand.
This is probably biological warfare because it's not allowed according to the Geneva congress. Using poisons, toxic matters, viruses and bacteria, as well as flamethrowers and things like that are forbidden or else it will be considered a war crime and people will answer for it. It was practiced in World War 1 but was forbidden after.
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It could be argued that in the short-term the populist movement won, but in the long-term it failed in the sense that the major worker population shifter from the fields and into the factories.
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1 offer assistance to the poor and 3 balance federal budget
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