Answer: A: The current selling price matches the product's equilibrium price.
Explanation:
The graph is attached for a better analysis.
From the graph, we can see that the Equilibrium price is $400 while the equilibrium quantity supplied and Equilibrium quantity demanded is 4000.
Since the current selling price is $400 and the equilibrium price is $400 as well, then we can say that the current selling price matches the product's equilibrium price.
Therefore, the correct option is A.
Answer:
B
Explanation:
Similar to a stop light, You can't turn right until the light turns green whenever there is a red arrow on the traffic lights. I hope this helps!
Answer: Britain
Explanation:
The treaty, created in 1763, relinquished all french territory to Britain, and Britain had complete power over Canada. When the Canadian constitution was brought home, Canada became a sovereign nation and is now no longer under the control of Britain.