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natta225 [31]
3 years ago
11

Under what conditions is a market at equilibrium

History
1 answer:
RideAnS [48]3 years ago
8 0

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.

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6 0
3 years ago
How did the one-child policy result in large numbers of undocumented Chinese?
marishachu [46]
The one-child policy had people pay special fees as punishment for having more than one-child. This led to a large number of hidden undocumented children that were hidden to avoid breaking the law. This mostly occurred in rural areas and was a big problem for the government.
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3 years ago
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2. Why did Spain fight France and England?<br> The Defeat of the Spanish Armada
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<em>Spain's role in the independence of the United States was part of it's dispute over colonial supremacy with the Kingdom of Great Britain. Spain declared war on Britain as an ally of France, itself an ally of American colonies and provided supplies and munitions to the American Forces.</em>

Explanation:

So basically what I'm trying to say is that Spain fought France and England because the French territory was surrounded by Habsburg territories. (Cardinal Richelieu declared the war)

3 0
4 years ago
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The word "Arab" most likely means
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