A market is said to be in equilibrium if the supply and demand curve intersects.
<u>Explanation</u>:
A supply of a certain product meets the demand of that product i.e., if the "supply" and "demand" of the product is equal, then the market is at "equilibrium". The price corresponding to it is then called a market-clearing price or equilibrium price whereas the quantity is known as the equilibrium quantity. But this comes with two conditions of surplus and shortage when there is a change in the supply and demand curve. So, a market to be at equilibrium having an equilibrium price, it is always important that the supply meets the demand.
Answer:
When war broke out in 1861, kids across the North and the South said goodbye to their fathers, brothers, uncles, and cousins -- or joined the military themselves.
Explanation:
As many as 20% of Civil War soldiers were younger than 18. That was the minimum recruiting age for Union soldiers, but many people willingly overlooked the law.
HOPE IT HELPS
Answer:
A
Explanation:
because it makes more senice
Answer:
Examples of organizations in the public sector include: Education (Schools, Libraries) Electricity. Emergency Services
Explanation:
