1) When the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal.
2)The corresponding price is the equilibrium price or market-clearing price, the quantity is the equilibrium quantity.
3) goods brought on by fads
4) Because supply shock is a sudden change of a good. Meaning if it is a negative shock, the equilibrium price and quantity of course will go down. And if it is a positive shock, vice versa of negative.
5) consumers are able to pay more so they can buy a product when rationing makes it unavailable
Answer:
The "Five Civilized Tribes" include the Cherokee, Chickasaw, Creek, and Seminole Tribes. During the 1830s, these tribes were forced to relocate to Indian Territory, which is now Oklahoma.
Explanation:
I couldn't figure out how to paste a map here but here's the answer
Answer:
Malthus was very concerned about unchecked population growth.
Explanation:
As a matter of opinion, I think it would be safe to say that Thomas Malthus would be in favor of the one-child policy because it would be a limit to the exponential growth in population we have undergone since his time. He was worried about our rapid growth in population and not being able to sistaine resources. He famously proposed 2 ways to keep our population in check, by means of "moral restraint" which China's policy would fall under or by means of natural plagues, famine various disease and even warfare.
Sherman antitrust act was difficult to argue in court as it did not provide adequate specifics that could define who could be charged for participating in monopolies and trusts. The law made it difficult to gather hard evidence as it did not adequately define trusts or monopolies.
Explanation:
capitalism capitalism is based on private ownership of the means of production and Allen individual economic freedom most of the means.
