Disequilibrium occurs when supply and demand are out of balance. However, this sometimes never happens to markets or it happens only rarely and momentarily. On the other hand, economists sometimes state that markets are always disequilibrium and that this is just how the market goes, as markets are excess in disequilibrium over extended periods of time.
Explanation:
NewYork: First, the port of New York came to dominate American shipping and immigration completely. Second, New York exploded as a manufacturing town, as industries such as sugar, publishing, and most importantly the garment trade clustered around the port.
Pennsylvania: American Indian groups and fertile farmland helped Penn's experiment become a success. Pennsylvania grew into one of the most important cities in colonial America, becoming the birthplace of the U.S. Constitution.
Answer:
Explanation:
1- Biofuel is fuel that is produced through contemporary processes from biomass, rather than by the very slow geological processes involved in the formation of fossil fuels, such as oil. Since biomass technically can be used as a fuel directly (e.g. wood logs), some people use the terms biomass and biofuel interchangeably. More often than not, however, the word biomass simply denotes the biological raw material the fuel is made of, or some form of thermally/chemically altered solid end product, like torrefied pellets or briquettes.
2-the word biofuel is usually reserved for liquid or gaseous fuels, used for transportation. The U.S. Energy Information Administration (EIA) follows this naming practice.[1] Drop-in biofuels are functionally equivalent to petroleum fuels and fully compatible with the existing petroleum infrastructure.[2] They require no engine modification of the vehicle.[3]
