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.
Answer:
Archeologists have found examples of early Japanese sculptures around burial mounds that date to the 4th and 5th centuries. The sculptures are clay figures of armored warriors, saddled horses, robed ladies, and objects such as houses and boats. They were probably meant to accompany or protect the dead.
Explanation:
Answer:
First of all, the war cost a lot of money, to pay for the soldiers, food, supplies and weapons. Thus, the British made new taxes on the colonists, to pay for the war debt.
B
Many economists felt that the reparations demanded from Germany were excessive and counterproductive. Operating from the principle of permanently weakening Germany, France was particularly keen on punishing Germany and limiting its ability to wage war. This approach, however, backfired because reparations were so severe Germany plunged into economic chaos. This situation allowed for the rise of Adolf Hitler and planted the seeds for WWII.
Answer:
the one which takes into consideration the various processes and phenomena which take place on the earth while it is also being compared with some other place where the same processes and interactions must be going on, over space.
Explanation:
