Answer:
What Is the Law of Supply and Demand?
The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines the relationship between the price of a given good or product and the willingness of people to either buy or sell it. Generally, as price increases people are willing to supply more and demand less and vice versa when the price falls.
Explanation:
The law of demand says that at higher prices, buyers will demand less of an economic good.
The law of supply says that at higher prices, sellers will supply more of an economic good.
These two laws interact to determine the actual market prices and volume of goods that are traded on a market.
Several independent factors can affect the shape of market supply and demand, influencing both the prices and quantities that we observe in markets.
The correct answer would be option A, Area residents.
The state of Florida funds a program to recruit scholars and researchers to reduce pollutants in the Everglades and restore endangered species. Over time, area residents benefit from cleaner water resources as well as unique ecosystem. Area residents represents the free riders in this example.
Explanation:
Free riders, as the name suggests, are the people who take advantage of the things free of cost. People who take benefits of something without putting any effort or without paying for it, are called the free riders.
In the given example, The state of Florida wants to reduce the pollutants in the everglades and restore the endangered species. For this, they funded a program to recruit scholars and researchers. As a result of their work to reduce the pollutants and restore the species, the unique ecosystem came to existence and the cleaner water supply was made possible. So these were the things from which the Area residents were benefited. So here Area residents acts as Free Riders.
Learn more about Free Riders at:
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<span>What Union tactic caused the most damage to the South's economy during the ... on US History, including the political & military aspects of the US Civil War.</span><span>
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I believe you mean a member of the House of representatives: these are elected for a number of two years.- but in practice the members can be re-elected and there is no limit on how many times they can be re-elected.
The placebo effect is a procedure in which a patient is made to believe that a drug has a direct on the person. Therefore improving his/her symptoms from the said disease that he/she is experiencing. It is directly injecting or making a procedure using alternatives. The idea is that the patient would believe such measures were done and that they will be cured from their diseases. There are no video clips available on you questions but I hope this helps.
