Answer:
the current price is below the equilibrium price.
Explanation:
At this point where quantity demanded (2,000 units) is greater than quantity supplied (1,000) units, then there is shortage in the market, which means, the current price/ market price is below the equilibrium.
Price equilibrium is a term that describes the point at which the quantity supplied equals quantity demanded. It is represented on a graph, where the curve of demand quantity intersects with supply quantity.
1. B
2. A
3. A,C, F
4. B
5. D
6. A
7. C
8. C
Checked them. They are all correct
Against whom did they win
a war?
a battle?
a trade deal?
60 percent of children attended school due to World Wars and the need of Labor in which in the 1900s Child Labor was very extreme so not that may children attended school
