In Chinese society, the merchant class ranked below the A. Farmers and Aristocrafts.
The equilibrium is the price that comes out from adding all the direct related costs in producing the good or service. To this total you have to add the indirect costs, for example, taxes, salaries, etc. Add up both results and you will have the price.
The equilibrium price is the price that covers all your expenses, both direct and indirect. With this price you do not lose nor earn any money.
Drug use testing for students who participate in extracurricular activities under the forth amendment is legal. In 1994, the supreme court made the decision that it was constitutional. This ruling was made as the supreme court found that students that participate in extracurricular activities had a lower expectation of privacy than the average individual.
Evangelism affects diffusion from a world-wide evangelicalism just after the Second World War.
It made people believe that the British were being helped by God. With this defeat Elizabeth I was able to turn Britain into one of the most powerful nations with the best navy in the world until around 1972. Though the real reason behind the defeat was bad weather it did help Britain a lot, that's why it's considered important.