Based on the information given, it can be deduced that the equilibrium price is 1000 and the quantity will be 17000.
The following can be depicted from the information given:
- Qd = 20,000 - 3P
- Qs = 15,000 + 2P
To get the equilibrium price and quantity, both will be equated. This will be:
Qd = Qs
20,000 - 3P = 15,000 + 2P
2P + 3P = 20000 - 15000
5P = 5000
P = 5000/5
P = 1000
Then, the quantity will be:
Qd = 20,000 - 3P
Q = 20000 - 3(1000)
Q = 20000 - 3000
Q = 17000
The quantity is 17000.
In a situation where the energy sector improves the technology, there'll be an increase in the quantity of the product and a reduction in price.
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Answer:
The answer is b. Biological perspective.
Explanation:
The biological perspective to psychology states that human behaviour is mostly ruled by the nervous system and genetics. In other words, it holds nature as responsible for our actions.
The greatest advantage to this perspective is that research is based on strict scientific approaches, so the findings are highly reliable.
Answer:
See explanation
Explanation:
UNICEF stands for United Nations Children's Fund. It was created by the United Nations General Assembly on 11 December 1946. The reason for creating UNICEF was to see to the provision of emergency food and healthcare to children and mothers in countries that were ravaged by the second world war.
UNICEF carries out its activities mostly in underdeveloped third world countries that are still battling with issues such as lack of access to quality education, poor infant and maternal health, malnutrition as well as high rate of mother and child pre- and post-natal fatalities.
UNICEF is involved in various programs that improve the society and are targeted towards women and children. They try to work on societal issues such as; poverty alleviation programs, preventing gender discrimination, protecting the rights of children etc.
The global economy affects the foreign policy of nations because there are trade agreements that mutually benefit nations. Before the economy was truly global, nations would figure out how to get resources through violence. Wars would wage over small parcels of land with rich materials, but the global economy allows for nations to cooperate for a mutual agreement that gives one nation more money and another nation more resources, without the cost of human lives.
Answer:
Some regions are distinguished by physical characteristics.
Physical characteristics include land forms, climate, soil, and natural vegetation.
Some region are distinguished by human characteristics.
These may include economic, social, political, and cultural characteristics.
Explanation:
A place is space that is different from other spaces. Regions are areas defined by unifying physical and/or human characteristics.
