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
What do you need help with though
Answer:
The period saw a fundamental transformation in scientific ideas across mathematics, physics, astronomy, and biology in institutions supporting scientific investigation and in the more widely held picture of the universe. The Scientific Revolution led to the establishment of several modern sciences.
Answer: The media can also place pressure on the government to act by signaling a need for ... Media can then set norms for readers and viewers by choosing what is covered or discussed. ... expertise in an area, may increase their power within Congress, which helps them.
Explanation:
Answer:
B
Explanation:
to improve better communication between two countries
