The correct answer is: "
considered to be doing business on the black market".
Rationing takes place when a certain market (for example, appartment market) is not in equilibrium and there is an excess of demand hence, the amount demanded of such product is larger than the number of units that are supplied.
If price variations are not allowed under a certian economic system, the price of the product cannot rise and the equilibruim in this market cannot be restored. Therefore, the available units of the product are allocated among the consumers by using a rationing mechanism that establishes certain rules to state which of those consumers would receive the product first, who go next and who cannot have it at all.
If some of the consumers violates the established rules and <u>offers a higher price (which is not allowed), it evidences the emergence of black market practices that circumvent the rationing mechanism. </u>
It is an undifferentiated cell of a multicellular organism which is capable of giving rise to indefinitely more cells of the same type, and from which certain other kinds of cell arise by differentiation.
<span>During the old kingdom in Egypt, the government was </span>a theocracy.
joins California as home to half of all Mexican Americans
Answer:
Option: D. The Spanish and the Portuguese.
Explanation:
The Spanish and Portuguese were the early settlers who established settlements in America after the discovery of the New World by Christopher Columbus in 1492. The Catholic Church played a significant role in giving the rights by issuing Inter caetera, to Spain and Portuguese to explore in New World. Papal Bull or Inter Caetera authorizes Spain and Portugal to colonize the New World and its Native peoples. The primary goal of both nations was to claim land in the name of their empires and gain wealth.
