Answer: Shortage
Explanation:
The equilibrium price is the price at which the demand for a particular product and its supply is equal.
When the price of a good is below the equilibrium price for that good, this will more people demanding the good which will therefore lead to a situation where the quantity demanded is less than the quantity that is supplied. This leads to a situation called shortage.
Answer:
South Carolina
Explanation:
Columbia, city, capital of South Carolina, U.S., and seat (1799) of Richland county.
Answer:
a. Has all the rights and responsibilities as a driver of a motor vehicle.
Explanation:
- The bicycle is a vehicle that any person riding contains the same rights that apply to a driver operating a vehicle.
- Any person who uses a bicycle is subject to penalties for violating that law as is a person operating a motor vehicle, and they may use the shoulder of the road. It carries the same rules and regulation as does that of the other vehicles on the road.