The given question is incomplete as the group of choices are not given, required to answer the question. However, the group of choices for this question is as follows:
1) stable – if we are there we will stay there, unless outside forces change
2) unique – there is one and only one equilibrium, a property which follows from the “Law of Demand” and “Law of Supply”
3) self-enforcing – at higher prices there is downward pressure on price; at lower prices there is upward pressure on price – therefore if we are at some other price, we will be pushed toward the equilibrium price
4) All of the above statements are correct
Answer:
The correct answer is - option 4. all of the above statements are correct.
Explanation:
According to the model of the demand and supply, market equilibrium in the model of the supply and demand is the market where the balance between supply and demand is equal and due to equal demand and supply prices of a particular product is stable.
If there is an over-supply of products than the demand in the market the prices will go down, which results in higher demand. At higher prices there is pressure on the price to move downward; at lower prices, the pressure would be upward.
Thus, the correct answer is - option 4. all of the statements are correct
Because some types of living things help us treat thousands of diseases. welp im too lazy to reaserch so thats what im only giving you
Plasma is a state of matter.
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The president can veto laws that the prime minister passes.
The president can veto laws, but the prime minister doens't pass any laws, the parliament does (false)
The president can order the prime minister to switch jobs with him or her.
The president can dismiss the prime minister but cannot appoint them a president: the president is chosen in an election (false)
The president can make himself prime minister and hold both offices.
I don't think this is true, as the prime minister is also the next for presidency; in case of death or incapacitation of the president, the prime minister will become the president. (false)
The president can dismiss the prime minister and appoint a new one.
This is true, the president</span> approints and dismisses the prime minister