Supply and Demand Effects farmers in various ways:
- Demand Increase: Price increases, Quantity increases.
- Supply Increase: Price decreases, Quantity increases.
- Demand Decrease: Price decreases, Quantity decreases.
- Supply Decrease: Price increases, Quantity decreases.
<u>Explanation:</u>
Supply and demand, as well as market prices, will rise and fall until they achieve a balance, which is called market equilibrium. As a response to decline the sales, farmers will have to lower the prices until the demand for product increases.
If a farmer set a price which is too high, thus the demand will decrease. If the market price is high, the interest of producers for a certain product or service will increase.
Answer:
Explanation:How the slave trade influenced the West Africa and Americas; by the sells and trade of goods. Goods referred to black men and female slaves.
Answer:
The First Battle of the Marne was a battle of the First World War fought from 6 to 12 September 1914.[1] It resulted in an Allied victory against the German armies in the west. The battle was the culmination of the Retreat from Mons and pursuit of the Franco–British armies which followed the Battle of the Frontiers in August and reached the eastern outskirts of Paris.
