Answer: Prices that are above the equilibrium price means that there is a surplus, meaning; quantity supplied exceeded quantity demanded for. When the price is below the equilibrium price it means there is a shortage, i.e quantity demanded is more than the quantity supplied.
Explanation:
Prices that are above the equilibrium price means that there is a surplus, meaning; quantity supplied exceeded quantity demanded for. When the price is below the equilibrium price it means there is a shortage, i.e quantity demanded is more than the quantity supplied.
Probably, there has been much demand before that made Joe's shop increase their price above the equilibrium price thereby making their shoes now more than the demand in the market.
A consistent cognitive effects of marijuana leads to slowing down of cognitive functions in the both frequent users and in less experienced users.
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What is marijuana?</h3>
Marijuana is a type of a drug which is made from cannabis plant that is why it is also known as Cannabis. It is psychotic drug which affects the human brain.
The common effect to both frequent user and a less experienced one is that it slows down the thinking ability of the person. It is very dangers for the person who consumes in the regular basis.
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Legislative body that achieves stability by staggering the terms of its members to prevent more than a minority of seats from changing in a single election
Fertilizer raw materials, pharmaceuticals, rubber, coal for power generation units, managanese ore, scrap (metal),
Answer:
Socio-Economic Status of the Family. Love and Affection. Love and affection are the basic psychological needs of children. If the child is treated with love and affection, he feels secure, and thus, develops self- confidence. ...