Answer:
Although many political changes occurred in and around 476 CE, many cultural and social functions of the Roman Empire continued. The end of the Roman Empire represents a slow decline reflecting a natural progression of society rather than an abrupt end of power.
I believe the answer is: Reference group
Reference group refers to the group that become subjects of comparison to another group of individual.
Most people use this reference group to measure our own worth (for example, if you want to know whether you a bad or good guitar player, the reference group that you would most likely use would be famous band member) , and this might influence the formation of our identity in the future.
The given question is incomplete as the group of choices are not given, required to answer the question. However, the group of choices for this question is as follows:
1) stable – if we are there we will stay there, unless outside forces change
2) unique – there is one and only one equilibrium, a property which follows from the “Law of Demand” and “Law of Supply”
3) self-enforcing – at higher prices there is downward pressure on price; at lower prices there is upward pressure on price – therefore if we are at some other price, we will be pushed toward the equilibrium price
4) All of the above statements are correct
Answer:
The correct answer is - option 4. all of the above statements are correct.
Explanation:
According to the model of the demand and supply, market equilibrium in the model of the supply and demand is the market where the balance between supply and demand is equal and due to equal demand and supply prices of a particular product is stable.
If there is an over-supply of products than the demand in the market the prices will go down, which results in higher demand. At higher prices there is pressure on the price to move downward; at lower prices, the pressure would be upward.
Thus, the correct answer is - option 4. all of the statements are correct
