Answer:
the current price is below the equilibrium price.
Explanation:
At this point where quantity demanded (2,000 units) is greater than quantity supplied (1,000) units, then there is shortage in the market, which means, the current price/ market price is below the equilibrium.
Price equilibrium is a term that describes the point at which the quantity supplied equals quantity demanded. It is represented on a graph, where the curve of demand quantity intersects with supply quantity.
Hey there,
Your question states: Which statement best describes the location of Southwest Asia? Based on my search, your correct answer would be <span>West of the Indian Ocean and west of Mediterranean sea </span> <span>This would be the best description of the location of the southwest of Asia. Hope this helps.
~Jurgen</span>
Lending money to existing and new businesses, this may be wrong but it makes the most sense
C. tsunami
because the rock underneath the surface of the ocean are caused by an earthquake, which creates a pull and vibrations of waves which cause a tsunami.
Topography refers to the shape and elevation of land in a region. eurasia is the large land mass that includes both europe and asia.
