Answer:
Price and quantity supplied
Explanation:
The supply curve is a graphic representation of the relationship between the cost of a good and the quantity supplied of this good for a particular time period. Therefore, two factors that are displayed in the supply curve are the price and quantity supplied. The supply curve changes when these factors change too. Normally, as the price of a commodity increases, the quantity supplied increases too (all else being equal). However, changes in production can cause the curve to move left and right. Similarly, changes in price can cause the graph to shift as well.
Answer:
The cotton gin increased productivity in the US and enhanced the economy.
Explanation:
The Executive branch must receive approval from "the Senate" when appointing heads of executive departments, ambassadors, and Federal Court Judges, since this is one of the most important examples of the system of "checks and balances" that exists in the US.
Limited natural resources like infertile land and lack of coastal access can limit economic growth of a country.
<u>Explanation:</u>
Agriculture is an important sector that determines a country’s economic stability. If a country does not have enough agricultural productivity it should depend on other countries to meet its needs. This will cause the outflow of wealth from the nation to other countries and slow down its economic growth.
Fertile land is the necessary resource that ensures stable agricultural productivity. If a country’s geographical location favours its trade relations with other nations, imports and exports become smoother. Coastal access is an important factor that boosts up a country’s active participation in global trade.
Thus infertile land and lack of coastal access can bring down the economic growth of a country.
