The correct answer to this open question is the following.
Although there are no options attached we can say the following.
The explanation of the laws of supply and demand from the perspective of the consumer (demand) and the perspective of the producer (supply) is the following
In the Capitalists economic system, investors and entrepreneurs took risks when invested their money to create their companies. They let supply and demand established the prices of goods and services. The free market is ideal for them.
For the consumer, the demand is the number of people that ask for a determined product in the market. The more people demand a certain product, the price of this product could be higher if product is not enough.
From the perspective of the producer, if too many people demand the product, the producer can charge more when selling the product to the public. But if consumers are not demanding the product and there is plenty of this product, producers have to reduce the price of the product so people could be interested in purchasing it.
A simple example is winter clothes in summer and summer clothes in winter. Nobody is going to ask for a snow jacket in the summertime, so this product won't be available or is going to be relatively cheap because the weather is hot. On the other hand, during winter, that product would be expensive because a lot of people are going to be interested in purchasing one. And as nobody will ask for short pants, these are going to be cheap.
Answer:
I would explain it based on the direction of earth's rotation.
Explanation:
To start with, earth rotation or the rotation of the earth is a term that describes the spinning of the earth around its own axis. This spinning takes place in a particular direction or pattern which is eastward (from west to east).
In other words, the earth rotates from west to east. As such, we observe that the moon, sun, planets and stars all rise or appear in the east and journey westward across the sky.
Suppose you are standing facing the east as the earth rotates, it carries you eastward and you would get to see what lies beyond the eastern horizon rising as the earth rotates.
Answer:
I would say A. It makes the most sense in this situation.
Explanation:
Hope it helps!
Answer:
The Civil War is believed by most to be caused because of the issue of slavery. Some, however, believe that it was actually about states' rights, or the rights of states to govern themselves outside of the control of the federal government. ... Arguably the most significant of these was the issue of states' rights.
Explanation:
Attack Fort Sumter; this action began the Civil War. ... What role did the theory of states' rights play in the outbreak of the Civil War? The theory explained that the Constitution was a contract between independent states. The South felt the Union had broken the contract and had the right to secede.
B) copper as it is the largest exporter and producer of it.
