A change in supply that is to the right or downward will cause the equilibrium quantity to increase and the equilibrium price to decrease.
Given that the supply curve is often upward sloping in the case of a shifting demand curve, an upward or rightward change in the demand curve will result in a higher equilibrium price and equilibrium quantity.
Similarly, a shift in the demand curve to the left or downward will typically provide a lower equilibrium price and a smaller equilibrium quantity.
Depending on how the supply curve is shaped, a movement in the demand curve may cause a higher absolute change in the equilibrium price or quantity. The equilibrium quantity will fluctuate primarily if the supply curve is relatively flat or elastic.
To learn more about the Demand curve refer to:
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Answer:
Janice is asked by her daughter to help with making a list of all the presidents of the United States for a school project. In order for Janice to help her daughter, she will need to rely on <u>crystallized</u> intelligence.
Explanation:
Crystallized intelligence : This type of intelligence is based upon facts and rooted in experiences. As we age and accumulate new knowledge and understanding, crystallized intelligence becomes stronger. As long as opportunities for learning are available, crystallized intelligence can increase indefinitely during a person's life. For example, vocabulary knowledge is known to increase in college professors throughout their life span.
Hence, In order for Janice to help her daughter, she will need to rely on <u>crystallized</u> intelligence.
They would have used there natural resources such as logs and birch bark and animal hide
Answer:
D: Forth
Explanation:
found the answer on quizlet, dont really know an explanation lol
