A market is said to be in equilibrium if the supply and demand curve intersects.
<u>Explanation</u>:
A supply of a certain product meets the demand of that product i.e., if the "supply" and "demand" of the product is equal, then the market is at "equilibrium". The price corresponding to it is then called a market-clearing price or equilibrium price whereas the quantity is known as the equilibrium quantity. But this comes with two conditions of surplus and shortage when there is a change in the supply and demand curve. So, a market to be at equilibrium having an equilibrium price, it is always important that the supply meets the demand.
Answer:
C) Nations build up their militaries out of fear, which only leads to more fear.
Explanation:
<em> got it right on edg</em>
The hamburger originated in Germany
Correct me if I'm wrong but I believe it was Sojurner Truth.
Answer:
1 and 4?
Explanation:
i can really see or understand too much of the question, but 1 and 4 seem right, keep waiting for another person to answer just in case.