Do you have any options or is this a fill in the blank?
Equilibrium occurs when supply and demand coordinate to:
(B) set prices and production.
Market equilibrium is achieved when supply and demand are equal. This would happen when prices and production are maintained at levels where demand and supply remain consistent. Economic theory proposes that there is a particular price for a product or service which brings demand and supply into balance, which economists term the equilibrium price. In typical markets, equilibrium is not achieved as a constant state of affairs. Rather, supply and demand will fluctuate around what would be the theoretical equilibrium price. If prices rise due to high demand, this signals producers to expand production to meet the demand for greater supply. If there is too much supply available, market prices will drop as suppliers work to sell their surpluses.
Ralph Waldo Emerson
The quote "Whoso is a man must be a nonconformist" is from Emerson's "Self-Reliance".
Emerson's essay "Self-Reliance" was published in 1842 and argued the benefits of self-reliance as a trait. He argued people should develop self-reliance and compared it to forms of conformity.
Answer:
Return to normalcy, a return to the way of life before World War I, was United States presidential candidate Warren G. Harding's campaign slogan for the election of 1920. Harding's promise was to restore the United States' pre-war mentality, without the thought of war tainting the minds of the American people.
Explanation:
