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1) When the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal.
2)The corresponding price is the equilibrium price or market-clearing price, the quantity is the equilibrium quantity.
3) goods brought on by fads
4) Because supply shock is a sudden change of a good. Meaning if it is a negative shock, the equilibrium price and quantity of course will go down. And if it is a positive shock, vice versa of negative.
5) consumers are able to pay more so they can buy a product when rationing makes it unavailable
The protections are : freedom of speech, freedom of unreasonable searches or seizures and right to a trial by jury.
<em>Freedom of speech </em>is granted in the Amendment 1 of the U.S. Constitution, together with the freedom of religion and press. In the Michigan Constitution it is granted in Article 1 paragraph 5: freedom of speech and of press.
<em>Freedom of unreasonable searches or seizures:</em> Amendment 4 of the Bill of Rights and Article 1 paragraph 11 of the Michigan Constitution.
<em>Trial by jury</em> : Amendment 7 ( Rights in Civil Cases ) of the Bill of Rights and Article 1 paragraph 14 of the Michigan Constitution.
The Michigan Constitution was ratified in 1963 and the bill of Rights in 1789.
The rights of crime victims and prohibition on discrimination are stated in the Article I of the Michigan Constitution only.
Answer:
Time slip is a plot device in which a person, or group of people, seem to travel through time by unknown means.
Explanation: