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Fofino [41]
3 years ago
6

How is an equilibrium price determined?

Social Studies
1 answer:
bulgar [2K]3 years ago
6 0

Answer:.

D. By finding the price where quantity supplied matches quantity

demanded

Explanation:

Equilibrium price refers to a price point in which the Force of demand and supply in the market are balanced.  (assuming that there are not other external forces that influenced the trades). Typically, neither the producer or the consumer have advantage over one another when transacting within that price point.

To find out a an equilibrium price, we need to find out the price point where quantity supplied matches quantity  demanded. This point will provide us with the knowledge about the price which considered as "fair" for both parties and they felt that they obtained equal amount of value from the transactions.

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In a field experiment to observe altruistic behavior, an observer records the number of people who stopped to hold the door for
Simora [160]

Answer: inaccurate observation

Explanation:

Inaccurate observations occurs when someone doing the observation makes incorrect report of what they actual observed.

This error is more prevalent when we are not paying fully attention to what we are observing.

We are humans and sometimes we get distracted by something that may take our eyes away for a moment or because our mind is thinking about something else and in observation research if one takes their eyes of they can miss out on some aspect that are crucial part of the observation.

8 0
3 years ago
What are some of the causes that lead to a 50% attrition rate for those that travelled on the Mayflower?
ehidna [41]

Answer:

- Miscalculation in food reserves.

- Harsh weather

- Diseases.

Explanation:

The passengers of Mayflower miscalculated the duration of travel between England  to United States. As a result, they ran out of food faster than they predicted and some of their members died from hunger.

They also started their journey during winter. Bad quality of shelter on their ships made some people died from the harsh weather.

On top of that, they suffered an outbreak of scurvy, pneumonia, and tuberculosis in the middle of their journey. Since they're stucked in the middle of the sea, the patients unable to get proper treatment and died.

8 0
3 years ago
Help plz can you match them
Dennis_Churaev [7]

Answer:

E

Explanation:

1e2f3a4a5aJfjkahahahahahhahahahahhahahah

7 0
3 years ago
Describe the key developments that combined to create the market revolution and by assessing the impact of each development. Whe
Alika [10]

Answer & Explanation:

1. The key developments that combined to create the market revolution and by assessing the impact of each development.

  • The Key development that combined to create the Market Revolution is Rapid improvements in transportation and communication;
  • The production of goods for a cash market and;
  • The use of inventions and innovations to produce goods for a mass market.

2.The impacts of each key development brought about a complete shift in paradigm from the traditional-manual way of doing things to the scientific -innovative ways.

3. The relationship among each of the key developments is interwoven because "the Production of goods for Cash Market was brought about by inventions and innovations to produce goods for the mass market which were been distributed by the improvement in transportation and communications."

4. How did improved transportation facilitate industrialization?

Improvement in transportation facilitated industrialisation through the <em>Transportation Revolution.</em> The expansion of internal American trade greatly increased with <em>the adoption of canals, steamboats, and railroads</em>. These collective advances in these technologies became known as the Transportation Revolution. These new means of transportation facilitated the movement of goods from the point of production to the point of consumption. People from distant lands had access to goods produced in other faraway areas.

Moreover, <em>the Railroads of all the advancements in the Transportation Revolution was the most significant.</em> The construction of railroads became imperative. The first railroads carried goods for short distances, but the idea of a railroad sparked an interest.

6 0
4 years ago
If g(x)=x2+x what is the value of g(-3)
Bumek [7]
What we do here is substitute (-3) for x:


g(-3)=(-3)*2+(-3)
calculating:
g(-3)=-6+(-3)


g(-3)=-6-3

g(-3)=-9: this is the answer.



7 0
3 years ago
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