The answer depends on a crucial information that it is not provided, the purchasing power of those potential customers, but it still it is possible to reason how the demand and supply of membership would work.
- Surplus of memberships would take place when in the gym market there is a shortage of demand. This situation occurs when there are less customers willing to purchase the product at 45$ than the number of memberships that are available. To claim if this is the case in the example we would need to know the structure of the demand function in this market.
- Shortage of memberships takes place when in the gym market there is a excess of demand. The price is afforded by a number of customers which exceeds the amount of memberships available. Therefore, some rationing mechanism would be necessary to fix who will get the membership and who will not. Again, it would be necessary to know who the demand function works.
<span>in the years leading up ot the war o 1812, the one who advocated going to war with great britain were known as : A. war hawks
the most notable hawks was Henry Clay who back then acted as the speaker of the house. He also targeted canada as a possible region for US expansion</span>
Answer:
Gilded Age
Explanation:
Gilded Age is a term that is used to describe the period in which the economy of the United States grew at a faster rate compared to other periods in the nation's history. The period which lasted between the 1870s to early 1900s, witnessed an economic boom, active political participation, social reforms, and increased social thoughts.
Hence, in this case, the text provided in t question perfectly described GILDED AGE.
The 1920 census revealed that most Americans chose to live in<span>(A) urban areas.</span>
Answer:B
Explanation:
A more modern type of music
