General Zachary Taylor captured Fort Vera Cruz, while in Northern Mexico!
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The answer in this scenario is regulation (Answer B).
Education results in a more skilled and productive work force, technological advancement improves efficiency and therefore productivity, and trade promotes increases in productivity.
Regulation, while necessary in many industries, is a form of restriction. This often means it drives up the cost in providing goods and services which dampens productivity. It's important to note that regulation is a very important tool to protect certain aspects or parties within an industry. For example, regulation is often in place to limit the maximum price that consumers (like you) can be charged for essential services like energy, water and sewerage.
Answer:
Market equilibrium is determined by the intersection of the supply and demand curves.
Explanation:
There is a relationship between demand and supply. And in macro economics four laws perceived in between demand and supply.
- If with increasing demand supply remains unchanged it will lead to high price of commodity.
- If with increasing demand supply also increase it creates a balance equilibrium in between market demand and supply.
- If due to certain reason demand diminish and supply remains same in high quantity it will totally disbalance market equilibrium and both the buyer and seller will face the impact of that fluctuation.
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