Correct answer choice is :
<h2>A) The law states that price decreases lead to greater demand and limited supply, which occur during excess demand.</h2><h2 /><h2>Explanation:</h2><h2 />
The law of demand states that conditional on all else being equal, as the price of a good increase, quantity demanded decreases; conversely, as the price of a good decrease, quantity demanded increases. The excess stock makes the price to fall and quantity demanded to rise. A reduction in supply will make an increase in the balance price and a decrease in the equilibrium amount of a good. Excess demand makes the price to rise and quantity demanded to decrease.
C. Wright Mills defines “sociological imagination” as the intersection of history and biography. Sociological imagination refers to the awareness of how our personal experiences relate to the experiences of society at large. It is a process in which the person steps away from their own person and looks at his life not as a series of daily events that are happening to him, but as a product of a particular time period and cultural tradition. This "history" determines to a very large extent your life events.
In this case, Pietro is realizing that his "biography" tells him something about society at large. However, he is also noticing that people's lives are a consequence of their context. People do not always have full autonomy to do whatever they desire, but instead have to work within some constraints. That is why it is naive to believe that people's lives are only a consequence of their decisions.
The answer is glucose and oxygen.
A Market Surplus occurs when there is excess supply- that is quantity supplied is greater than quantity demanded. ... In this situation, excess supply has exerted downward pressure on the price of the product. A Market Shortage occurs when there is excess demand- that is quantity demanded is greater than quantity supplied.
