It is false because it is shaded meaning blocking the sun
<span>The answer is letter A: Autocracy. Absolute monarch is closely similar to autocracy. Autocracy is like dictatorship, wherein it is considered to be a system of the government wherein absolute power is given to one person only, an example of this is Adolf Hitler and Ferdinand Marcos ruling system</span>
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.
