<span>A price at which the demanded quantity is equal to the produced quantity of that product is called the market price.</span>
The 4 Major characteristics of a mineral are:
1. It is formed by natural processes, not man-made.
2. It is inorganic, it's not alive, it will never be.
3. It is a crystalline solid, a definite volume and shape with a repeating structure.
4. It can be an element or compound with a definite chemical composition, made the same each time with and orderly arrangement of atoms.
Decrease; LM
- When the total amount of output required and supplied equals one another, an economy is in short-run equilibrium. When total output and total demand are equal, this is referred to as short-run equilibrium.
- As usual, the LM curve is produced for a set price level P1. The point K where the IS curve crosses the LM curve represents the short-run equilibrium of the economy. Take note that the economy's income is lower than its natural level in this short-run equilibrium.
- Economic equilibrium in economics refers to a scenario where supply and demand are balanced and the values of economic variables do not change in the absence of external factors.
Thus this is the answer.
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Answer:
a. True
Explanation:
It is correct to say that Stephen is exhibiting a high level of hope because he had the idea of organizing a small introductory meeting in order to introduce himself to local companies and thus break the initial nervousness that could occur if he did not previously know his potential client. With this introductory meeting for greater integration between him, who is the new insurance agent and the companies that are his potential clients, there may be greater interaction, greater possibility of closing deals and greater customer satisfaction, lessening insecurity, etc.
