Option A, turkey is the right answer.
A long-term benefit of the Columbian Exchange was the improvement in the diet of the people of Europe. Not only the Europeans were benefited by the Columbus exchange but also the Native Americans benefited greatly from the technology that the Europeans brought over to the New World. Native Americans shared Turkeys, Alpacas and other items with Europeans which signifies a mutual relationship.<u> Colonial Exchange plays a substantial part in the history of America. </u>
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.
Japan emerged as a developed country and world economic power in the following ways:
- Through the development of new industries
- Through the development of new technologies
- Through the expansion of exports
- Through the development of human resources.
<h3>What do you mean by economic power?</h3>
A country's, business', or individual's ability to raise their level of living is referred to as economic power. The economic power of a country increases their liberty to take decisions that benefit just them and decreases the power of any outside influence to limit their freedom.
hence, by adopting these strategies, Japan has emerged as a developed country and world economic power.
Learn more about the developed economies:
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A.
The art shows the importance of humans and their world.
B.
The figures look realistic or lifelike.
C.
They include perspective, or show the illusion of depth.
I believe the answer is: its supply or demand is not sensitive to price changes
A goods would fall under inelastic category if that product is considered as basic/primary needs for most consumers.
Example of such goods is food and water. No matter how much the price of food and water rises, the demand for this goods would stay relatively stagnant because people have to use them to survive.
