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BARSIC [14]
2 years ago
11

This graph shows a supply curve. What happens when the price of a good increases? The quantity of goods that are produced increa

ses. The producer of the good is certain to make less money. The quantity of goods that are produced decreases. The quantity of goods that are produced stays about the same.
History
2 answers:
zubka84 [21]2 years ago
8 0
A. The Quantity of Goods that are produced Increases.
Liono4ka [1.6K]2 years ago
6 0

The quantity of goods produced increases.

The economy is governed by the Law of Supply and Demand. The supply curve and the demand curve interact according to the price of the good. From the perspective of the consumer, it is interesting to pay a lower price for a larger quantity of the product. On the supply side, the opposite occurs. The producers have a stimulus to produce more when the price increases, because the possibility of profit is greater. This is described in the first alternative.

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Third, the major political struggles during the antebellum period focused on states’ rights. Southern states were dominated by “states’ righters”—those who believed that the individual states should have the final say in matters of interpreting the Constitution. Inspired by the old Democratic-Republicans, John C. Calhoun argued in his “South Carolina Exposition and Protest” essay that the states had the right to nullify laws that they deemed unconstitutional because the states themselves had created the Constitution. Others, such as President Andrew Jackson and Chief Justice John Marshall, believed that the federal government had authority over the states. The debate came to a head in the Nullification Crisis of 1832–1833, which nearly touched off a civil war.


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