The present selling price corresponds to the equilibrium price of the product.
- We can observe that the equilibrium price is $400, and the equilibrium amount provided and required are both 4000. Because the current selling price is $400 and the equilibrium price is $400, we may conclude that the current selling price corresponds to the product's equilibrium price.
- The law of demand states that if more people want to buy something and there is a limited supply, the price of that item will rise. Similarly, the greater the price of an item, the less it will be purchased by consumers.
- The law of demand helps us understand why things are valued the way they are and to discover chances to acquire perceived underpriced (or sell perceived expensive) items, assets, or securities. For example, a company may increase output in reaction to higher prices caused by increased demand.
Thus this is the meaning of law of demand.
To learn more about law of demand, refer: brainly.com/question/21838055
#SPJ1
Answer:
Paul’s father refuses to let him ride ghost wind. Paul is not allowed to sit at the table when company comes to dinner. Paul and Cassie are treated poorly by their half-brothers’ grandmother.
Explanation:I just took the assignment
Loans given to families or individuals to purchase homes are called mortgage loans, named after J.P. Morgan.
Answer: Mortgage loans.
Hey there!
Electors aren't required to cast ballots for the candidate to which they pledged. This is your answer.
The constitution says that electors gather in their respective states, so it can't be C), and some of the electors shouldn't be inhabitants of those states so we can knock off D), there is no requirement for their character so not E), and members of congress cannot participate as electors so it isn't B), this leaves us with answer A).
I hope this helps! :)
Social integration is the function of formal education is fulfilled when opposing views are heard in an organization and given equal support.
<h3>What is social integration?</h3>
Social integration is the process of giving individuals the chance and sustain them along with their views into the society which could be different from someone else view.
Social integration helps individuals regardless of their attributes, to fit in into the mainstream group.
learn more about Social integration at :brainly.com/question/25745683
#SPJ1
