The effect of the competition of price shifts the balance between supply and demand. For example, given an equilibrium quantity, when the price is high, this results to a surplus of quantity. Competition on price makes the market productive and the consumers get to choose many options.
Answer:
Leontief paradox.
Explanation:
Leontief paradox explains that a country with a higher capital per worker has a lower capital/labor ratio in exports than in imports.
The Roman ruler that ushered an era of peace is B. Augustus
<span>Almost definitely. The Homestead Act is one of several United States federal laws that gave an applicant freehold title to up to 160 acres (1/4 section, 65 hectares) of undeveloped federal land outside the original 13 colonies. This was an enticement</span>
