The correct answer is "The price needs to raised".
In demand vs offer chart for any good, whenever there is an increase in the demand but the supply
- experiences smaller growth in comparison to that of the demand
This will lead to an increase in price. As producers see a window of opportunity to get the most profit possible of an increasing wave of demand. The price will grow until the new <em>"point of equilibrium"</em> is reached, which is the amount the overall demanding customer is willing to pay for that good.
A troubling economic problem in the 1920s was the depressed state of agriculture caused by "<span>c. Overproduction and falling prices," since demand for many products, including these, plummeted due to decreased incomes. </span>
Answer: D) Companies replaced hand-operated brakes with air brakes on trains.
African Colonies, Oceanic Colonies, and Northern South American Colonies
