1) When the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal.
2)The corresponding price is the equilibrium price or market-clearing price, the quantity is the equilibrium quantity.
3) goods brought on by fads
4) Because supply shock is a sudden change of a good. Meaning if it is a negative shock, the equilibrium price and quantity of course will go down. And if it is a positive shock, vice versa of negative.
5) consumers are able to pay more so they can buy a product when rationing makes it unavailable
Answer:
SOCIAL
The most prevalent societal change during the Renaissance was the fall of feudalism and the rise of a capitalist market economy, said Abernethy. Increased trade and the labor shortage caused by the Black Death gave rise to something of a middle class.
POLITICAL
Governments in the Renaissance focused on reducing the impact religion had on the economy and politics of their society. Wealth began to impact politics more, such as the Medecci family, who accumulated huge profits and which were used to finance cultural and political activities.
RELIGION
During the Renaissance, people increasingly began to see the world from a human-centered perspective. This had a powerful impact upon religion. Increasingly, people were paying more attention to this life rather than the afterlife. Eventually, humanism brought about a spirit of skepticism.
Answer:
Respituhin kung ano ang kanilang desisyon at kung ano ang gusto nila
Explanation:
kaylangan maging magalang tayo sa kapwa natin tao
Answer:
They want to make our militarys stronger they also want to have our country controlled more by our goverment then independent agencies
Explanation:
Answer:
Geography affected Arab life because it had a huge impact on the Arab community. Without it they would not be able to travel as well as they did or even move around a lot. Geography affected the Arab life because without their way of transportation, they wouldn't be able to travel or even move around.
Explanation:
