In the supply curve and the demand curve, the equilibrium is reflected where the two curves intersect.
<u>Explanation:</u>
Equilibrium is fundamentally the condition in which the factors involved in the operation achieve balance of values with respect to each other. In the discipline of market economics, two major factors involved are that of supply and demand.
The equilibrium between supply and demand is achieved when the demand for a commodity or a service in the market is equal to the supply of the respective commodity or service.
When represented graphically, the condition of equilibrium is depicted through the intersection of the demand and supply curves.
Answer:
All schools are great
if I learn in 1 school for my whole life then I will say that is best
but there are many best schools
that is like you can't judge a book by its cover
Answer:
Texas bill proposes 15 dollars minimum wage
Answer:
c. Hierarchy of needs theory
Explanation:
Hierarchy of needs theory: In Psychology, the hierarchy of needs theory is given by Abraham Maslow. He has given five basic needs, they are:
1. Physiological need.
2. Safety need.
3. Love need.
4. Esteem need.
5. Self-actualization need.
According to him, each need contains a specific amount of internal sensation that an individual needs to accomplish to complete his or her hierarchy. The higher needs emerge when an individual sufficiently satisfies the previous need. He believed that these needs play an important role in motivating the desired behavior.
Answer: increase in MOney Supply
Explanation:
