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
The character who <em>nearly breaks their teeth</em> on a silver sickle in a <em>Christmas Pudding</em> is:
According to the given question, we are asked to state the character who <em>nearly breaks their teeth</em> on a silver sickle in a <em>Christmas Pudding.</em>
As a result of this, we can see that the from the complete text in the <em>Christmas Pudding</em>, there is the narration about the event which led to Percy nearly breaking his teeth on the <em>silver sickle in his slice</em> as he was careless and very nearly paid the ultimate price.
Therefore, the correct answer is Percy.
Read more about Christmas pudding here:
brainly.com/question/236006
Answer:
The answer is B) Islam was spread by many merchants
Explanation:
The Arab merchants and traders became the carriers of the new religion and they propagated it wherever they went. Muslim missionaries played an important part in the spread of Islam and some missionaries even assumed roles as merchants or traders.
The excerpt discusses fair trade rules and instructs merchant of fair business practice. Therefore, the only possible answer is that Islam was spread by many mechants.
A common finanical benefit of home ownership is: a. inrcreased property value
