1) When the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal.
2)The corresponding price is the equilibrium price or market-clearing price, the quantity is the equilibrium quantity.
3) goods brought on by fads
4) Because supply shock is a sudden change of a good. Meaning if it is a negative shock, the equilibrium price and quantity of course will go down. And if it is a positive shock, vice versa of negative.
5) consumers are able to pay more so they can buy a product when rationing makes it unavailable
<span>the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others</span>
They forces tribes to move in other areas
They demanded better working conditions and benefits. Before, workers labored in dangerous and
unfair conditions. The Wagner Act gave unions an opportunity to organize
themselves and demand reforms. This help
increase the power of unions when it comes to demanding and negotiating for
better deals with management.
