Answer:
Market equilibrium is determined by the intersection of the supply and demand curves.
Explanation:
There is a relationship between demand and supply. And in macro economics four laws perceived in between demand and supply.
- If with increasing demand supply remains unchanged it will lead to high price of commodity.
- If with increasing demand supply also increase it creates a balance equilibrium in between market demand and supply.
- If due to certain reason demand diminish and supply remains same in high quantity it will totally disbalance market equilibrium and both the buyer and seller will face the impact of that fluctuation.
When presented with tasks like the pendulum problem, in contrast to adolescents, children in the <u>preadolescence stage</u> are not good at systematically testing all of the factors; they tend to report whatever answer seems to be correct after conduction only a few tests.
<u>Explanation: </u>
At the preadolescence stage or age group, whenever we assign any pendulum problem or any experiment to them, they won’t follow the proper procedure. As compared to the adolescents, children in the preadolescence stage are not that good to do the testing systematically.
Preadolescence the age of early adolescence and children at this age group are very young to do any test or activities systematically and properly. They don’t have much understanding of the depth concepts and won’t follow each and every guideline.
Answer: Balanced State.
Explanation: Many factors may influence your audience acceptance of your proposition. You need to be able to convince them to have an unbiased state of mind to accept or act on your proposition.
Your proposition must be clearly explained without any ambiguity. It must be legal and reasonable and must be thought provoking to your audience members.
Your proposition must also be original and in conformity with the established laws of the state or nation. This will give legal backing to your proposition and clear any doubts from any audience members.
You must be strongly able to prove any inconsistency traits observed in the lives of your audience members and link it to how this affects objections to your proposition.
Any inconsistency in your audience members' lives must be thorough isolated and pointed out and also well proven to get a change of mind from the audience.
More importantly, clearly state the benefits and advantages of your proposition to your audience members and then make them see reason to have a balanced state of mind without prejudices whatsoever.
Answer: He did not identify a spurious relationship.
A spurious relationship is one where two variables are not causally connected to each other, but may be inferred that they are because of their simultaneous appearance and a similar behaviour. These two variables are only linked with each other by coincidence, or through a third variable.
In this case, the mayor assumes that the implementation of the new regulations caused the crime rate to go down, when in fact there is a third variable (weather) that was the true cause.
In other words, the mayor equated correlation with causation. This is a common mistake in economics due to the inability of economists to perform experiments, having to rely solely on statistical analysis. In order to be aware of this mistake, it is good to remember the motto "<u>correlation is not causation</u>."
1. Receiving shared resources and funds.2.spares any trading or restriction conflicts among Caribbean countries.
