Answer:
What Is the Law of Supply and Demand?
The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines the relationship between the price of a given good or product and the willingness of people to either buy or sell it. Generally, as price increases people are willing to supply more and demand less and vice versa when the price falls.
Explanation:
The law of demand says that at higher prices, buyers will demand less of an economic good.
The law of supply says that at higher prices, sellers will supply more of an economic good.
These two laws interact to determine the actual market prices and volume of goods that are traded on a market.
Several independent factors can affect the shape of market supply and demand, influencing both the prices and quantities that we observe in markets.
Answer: see explanation below
Explanation: the synapse is the junction between the terminal of a neuron and either another neuron or a muscle or gland cell, over which nerve impulses pass. Typically when the same experiences trigger nerve responses over synapses, they are remembered (strengthened) leading to even faster responses very much like the muscle memory. The NMDA receptors (NMDARs) are glutamate-gated cation channels with high calcium permeability, very critical for the development of the central nervous system and various processes vital to learning, memory, and the formation of neural networks during development in the central nervous system (CNS). Since memories are assumed to be represented by vastly interconnected neural circuits in the brain, synaptic plasticity is key to learning and memory. In this, the NMDA receptor is very crucial for controlling synaptic plasticity (the ability of synapses to strengthen or weaken, in response to increases or decreases in their activity over time) and memory function.
NAFTA - North American Free Trade Agreement created a larger scope of free trade covering United States, Canada and Mexico.
Explanation:
Major positive impact of this agreement is that it tripled the trade profits of Canada, Mexico and United states. It also removed tariffs which weer considered to be the international barriers. It increased the economic output which resulted in economic growth up to 0.5 % every year. Also Foreign investments are attracted. US oil imports from mexico was considered to be beneficial as there were no tariffs imposed by US. This had a major impact on the economy.
The transportation costs lowered due to low gas price and the food prices were also marginalized. Each nation's government contracts became available to the major suppliers which increased competition and lowered the costs.
The negative impacts are, this agreement favored import and export industry but many labor oriented industries suffered a lot which included manufacturing, textile and electronic appliances due to which many started to migrate. The companies started to reduce their wages if they refused to work for them.
NAFTA agreement totally eliminated in doing good to the farmers. It subsidized the farm products and the farmers could not make profits due to the lower farm prices which forced them to search for many other illegal jobs. They plunged into poverty and starvation.
The next impact is the degradation of the environment in Mexico. Farmers used many chemicals and pesticides to increase the production at that short period of time which resulted in unhealthy foods and deforestation resulted in global warming. No safety standard followed by the Mexican truck transport.
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Explanation:
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