Joshua is currently consuming the optimal (utility-maximizing) quantities of tuna and ham when the price of tuna suddenly decreases. He will respond to this price change by increasing the consumption of tuna as his purchasing power will increase.
Whenever the price of a commodity is decreased, it increases the purchasing power of the consumer and hence the consumer will increase the demand of the goods as well. The consumer will be able to save more money as their expenses are reduced.
According to the law of demand and supply, demand and supply are related to each other and also affect the price of the commodity. The price tend to increase when the supply is lower than the demand and the price tend to increase when the supply exceeds the demand.
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Lets look at the temperature of these regions. In the New England colonies it was typically colder, they were father North. In the Southern Colonies, it was generally warmer, and same for the Midwestern. Now the landscape of these colonies. In the New England colonies the soil was hard and rigid, due to the mountains in the are. The Southern Colonies had fertile soil and the Midwestern Colonies had forests. So, in the New England colonies is where more of the "factories" were, the Southern Colonies had the Agricultural, and the Midwest had the fur. Now, all these colonies were trading with other countries and were dependent on each other.
A globe is a three-dimensional<span>, spherical, </span>scale model of Earth
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Answer: A
Explanation:
In the late 1600 both France and Spain had control over it.
