The answer depends on a crucial information that it is not provided, the purchasing power of those potential customers, but it still it is possible to reason how the demand and supply of membership would work.
- Surplus of memberships would take place when in the gym market there is a shortage of demand. This situation occurs when there are less customers willing to purchase the product at 45$ than the number of memberships that are available. To claim if this is the case in the example we would need to know the structure of the demand function in this market.
- Shortage of memberships takes place when in the gym market there is a excess of demand. The price is afforded by a number of customers which exceeds the amount of memberships available. Therefore, some rationing mechanism would be necessary to fix who will get the membership and who will not. Again, it would be necessary to know who the demand function works.
A. moved the colony to williamsburg
Answer:
Gospel originally meant the Christian message but in the 2nd century, it came to be used also for the books in which the message was set out in this sense a gospel can be defined as a loose-knit, episodic narrative of the words and deeds of Jesus of Nazareth, culminating in his trial and death and concluding with various reports of his post-resurrection appearances.
Like the rest of the New Testament, the four gospels were written in Greek. The Gospel of Mark probably dates from c. AD 66–70, Matthew and Luke around AD 85–90, and John AD 90–110. Despite the traditional ascriptions, all four are anonymous and most scholars agree that none were written by eyewitnesses.
Answer: The monkey beat the dog by a large amount.
Explanation:
I know this because it’s just modern knowledge.
They are the Redeemers, white democrats whom critics called Bourbon Democrats in Southern United States during the Reconstruction Era after the Civil War. They were mainly led by the rich landowners and businessmen and they ruled Southern politics in most areas from the 1870's to 1910.
