Top of the morning your answer is fake news.......................Hope this helps!!!!!!!!!!!!!!
It was the battle of the bulge.
Many former salves expected the federal government to give them a certain amount of land as compensation for all the work they had done during the slave era. During Reconstruction, however, the conflict over labor resulted in the sharecropping system, in which black families would rent small plots of land in return for a portion of their crop, to be given to the landowner at the end of each year.
The economy operates according to the law of supply and demand for goods and services. According to this theory, the interaction between supply and demand for a good or service fits and the vector of adjustment is price.
If the price is high, there is more supply than demand. If the price is low, there is more demand than supply. If demand increases, price increases and supply increases. If demand falls, the price falls. That is, the price makes the interaction. There will be a moment where the quantity offered is exactly equal to the quantity demanded, at which point the price practiced is the equilibrium price.
So if an economy is in equilibrium at a time and then the price charged is higher than the equilibrium price, it means that demand has gotten higher than supply.
<u>However, none of the alternatives would explain why a price is charged above the equilibrium price.</u> <u>The answer is the reverse of what is written in alternative (A)</u>. The truth is this: As the quantity demanded rises, the price rises above the equilibrium price. <u>This is the answer</u>.
The alternative (B) is true, although it does not answer the question of the problem. If prices rise, demand falls. This is because the high price discourages consumption.
BTW, I'm an economist and I'm sure.
Answer:
A is the correct answer.
Explanation:
Here is the definition of "stereotype":
ster·e·o·type
/ˈsterēəˌtīp/
noun: stereotype; plural noun: stereotypes
1. a widely held but fixed and oversimplified image or idea of a particular type of person or thing.
"the stereotype of the woman as the carer"
:)
