The answer depends on a crucial information that it is not provided, the purchasing power of those potential customers, but it still it is possible to reason how the demand and supply of membership would work.
- Surplus of memberships would take place when in the gym market there is a shortage of demand. This situation occurs when there are less customers willing to purchase the product at 45$ than the number of memberships that are available. To claim if this is the case in the example we would need to know the structure of the demand function in this market.
- Shortage of memberships takes place when in the gym market there is a excess of demand. The price is afforded by a number of customers which exceeds the amount of memberships available. Therefore, some rationing mechanism would be necessary to fix who will get the membership and who will not. Again, it would be necessary to know who the demand function works.
Answer:
The answer is A.
Explanation:
Pull factors are something that makes you want to go to somewhere else, unlike push factors, which push you away from somewhere because something happened.
Answer:
Marbury v. Madison
In 1803, Marbury v. Madison was the first Supreme Court case where the Court asserted its authority for judicial review to strike down a law as unconstitutional.
Explanation:
Hope this helps :)
Here are my thoughts and responses as to what I come to know for these civilizations' achievements. I even checked my World History notes from last year...
1. Egyptians
2. Sumerians
3. Phoenicians
4. -This is debatable... We could argue early caveman or Sumerians made it, depends on what resource, textbook, or class material you are deriving this from. Maybe Hebrew because they developed Monotheism, belief in one deity.
5. Hittites
6. This is very difficult to elaborate on. Many civilizations had very strikingly similar achievements and reviewing my notes, I can't find anything to give an absolute civilization responsible for this. You'll have to guess.
7. Babylonian?
Sorry I couldn't help with #4, 6, and 7 that well. It's very difficult to answer.
