1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elis [28]
3 years ago
12

The idea of supply and demand is based on the development of ?

Social Studies
2 answers:
miv72 [106K]3 years ago
7 0

Sufficient number of products to meet what the consumer wants

9966 [12]3 years ago
5 0

Answer:

The correct answer for the question: The idea of supply and demand is based on the development of:______, would be, the offering and generation of the necessary number of products that will satisfy the needs of the consumer.

Explanation:

The theory of supply and demand, presented first by Adam Smith in 1776, sought to explain how in a free market economy, the offer of goods, the demand of goods, and prices, play a role and control each other. As such, demand is probably one of the fundamental parts of the theory as it is from the consumers´ needs that a producer will both supply, and price, their product. If demands of consumers were not met by a producer, then consumers would simply turn away to other producers who can offer them what they need, in the amount needed, and for the price that is desired. This is the reason why the answer above is the correct one.

You might be interested in
Oscar is an 18-year old high school senior who is moderately overweight and has been for most of his life. According to research
Marysya12 [62]

Answer:

His parents may be less likely to pay for his education than they would have for a more physically fit sibling

Explanation:

His parents may be less likely to pay for his education than they would have for a more physically fit sibling

3 0
3 years ago
Joe's Burgers is a famous fast food chain that uses a picture of a cook in a red hat as its symbol. It is not legal for you to s
Art [367]

Answer:

B. trademark violation.

Explanation:

Trademark violation or infringement is the use of a trademark or any such particular mark without the authority and using it to deceive the customers. Using an equivalent symbol or trademark creates confusion among the customers related to the authenticity o the product. It is a form of strict violation of the exclusive rights of a company or organization.

3 0
3 years ago
In 3 sentences explain why australia has one of the highest voter turnout rates in the world
Gennadij [26K]

Answer: australia is know for there very popular vote rates. The numbers can go very high depending what time and why there voting. Australia holds about 19.98 million people

8 0
3 years ago
Maya Lin's "Vietnam Veterans Memorial" is an example of an artist creating a place for a human purpose which is reminiscent of _
MariettaO [177]

Answer:

Maya Lin's "Vietnam Veterans Memorial" is an example of an artist creating a place for a human purpose which is reminiscent of contemporary art form from human history.  

Explanation:

This Memorial is situated in the Washington D.C, United States and it gives honor to the soldiers of the United States who fought in the Vietnam War. The establishment of this building or memorial is connected with many issues which have been the source of controversies, some of which have resulted in the takeover of the memorial area. Due to these controversies, this Vietnam Memorial is now made up of three parts.

3 0
3 years ago
What side was Harriet Ann Jacobs on during the civil war?
vagabundo [1.1K]
The norths side

Harriet Ann Jacobs (February 11, 1813 – March 7, 1897) was an African-American writer who escaped from slavery and was later freed. She became an abolitionist speaker and reformer. Jacobs wrote an autobiographical novel, Incidents in the Life of a Slave Girl, first serialized in a newspaper and published as a book in 1861 under the pseudonym Linda Brent. It was a reworking of the genres of slave narrative and sentimental novel, and was one of the first books to address the struggle for freedom by female slaves, explore their struggles with sexual harassment abuse, and their effort to protect their roles as women and mothers.
6 0
3 years ago
Other questions:
  • What does honesty look and sound like?
    9·2 answers
  • Made up of 100 members 2 from each state
    12·2 answers
  • explain how the physical landscape and has affected the development of agriculture and industry in the ancient world
    10·1 answer
  • Make a convincing case that advertisers are Sophists. Are they? What would non-sophistic advertising be?
    10·1 answer
  • Would you have been willing to help runaway slaves in 1850? Why or why not?
    6·2 answers
  • Focusing on people and not the problem is consistent with integrative bargaining.
    15·1 answer
  • How were enlightened ideas spread throughout society
    14·1 answer
  • GIVING BRAINLIEST TO CORRECT ANSWER!!
    5·1 answer
  • Most governments in the Caribbean today are
    13·2 answers
  • Federal appeals courts are also known as circuit courts. True or False?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!