The correct answer is: Environmental problems
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If the price of a product is higher than the equilibrium, there will be a surplus.
Option: A
Explanation:
Market equilibrium is reached when demand and supply curve intersect means there is an equal balance between demand and supply of the product in market. When the price of a product is higher than the equilibrium there will be a surplus of the product.
When producer produced enough product in comparison with demand what will happen? Producer will obviously sell his product in lower prices to make his stock clear. And when he lowers the price of product it will create huge demand means surplus of the product in the market.
Answer:
B. 25%
Explanation:
Given that
employed persons = 24 million
unemployed persons = 8 million
Population over 16 age = 40 million
The total number of the labor force = unemployed persons + employed persons
The total number of the labor force = 24 + 8 = 32 million
Unemployed rate = 25 %
Therefore the answer is B.
B. 25%
Erik Erikson was one of the most prominent psychologists during the turn of the 20th century in which the German-American has his emphasis for developing the theory that revolves around psycholosociology. In addition to that, erikson said that achieving generativity results to stagnation.
Answer:
True
Explanation:
The protestant reformation led by Martin Luther had people protesting against the catholic church and its ways. So All these protesters made their own religion called Lutheranism.
