The dark ages is the first part of the middle ages marked by a decline of art and learning
Answer:
A market economy is a system where the laws of supply and demand direct the production of goods and services
Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay.
Explanation:
I believe the answer is: C. It is important to be able to communicate in more than one language
This even become much more important due to the globalization era that happened after the development of technologies.
People who refuse to learn more than one language would be denied various kind of career/business opportunities that would prevent them from obtaining what they want to achieve in their life.<span />
If the market is in equilibrium and then the government imposes a price ceiling equal to P3, buyers lose consumer surplus equal to area <u>E</u>, but gain consumer surplus equal to area <u>C</u>.
<u>Explanation</u>:
Market equilibrium represents the situation of the market. The demand in the market will be equalized by the supply in the market. The equilibrium price is
The price for the goods or service is fixed according to the equalization in the supply and demand of goods in the market. This is known as equilibrium price.
The surplus production by consumer and producer is transferred to the government from buyers and sellers due to charging of tax on the goods or product.
Isnt it related to India?
