Supply and Demand Effects farmers in various ways:
- Demand Increase: Price increases, Quantity increases.
- Supply Increase: Price decreases, Quantity increases.
- Demand Decrease: Price decreases, Quantity decreases.
- Supply Decrease: Price increases, Quantity decreases.
<u>Explanation:</u>
Supply and demand, as well as market prices, will rise and fall until they achieve a balance, which is called market equilibrium. As a response to decline the sales, farmers will have to lower the prices until the demand for product increases.
If a farmer set a price which is too high, thus the demand will decrease. If the market price is high, the interest of producers for a certain product or service will increase.
They had just started the french revolution and the king and queen were neglecting their people and spending all the tax money on throwing parties and buying clothes plus they had just helped finance the american revolution instead of helping their own people
Climate and geography divided the new colonies into three separate regions: New England, Middle colonies, and Southern colonies. New England: hilly terrain with rocky soil and jagged coastlines, moderate summers, long, cold winters.
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The colonists were disturbed and furious with the act because they had to do all errands for soldiers from Britain without their own right not to house them in.
