Answer:
The correct answer for the question: The idea of supply and demand is based on the development of:______, would be, the offering and generation of the necessary number of products that will satisfy the needs of the consumer.
Explanation:
The theory of supply and demand, presented first by Adam Smith in 1776, sought to explain how in a free market economy, the offer of goods, the demand of goods, and prices, play a role and control each other. As such, demand is probably one of the fundamental parts of the theory as it is from the consumers´ needs that a producer will both supply, and price, their product. If demands of consumers were not met by a producer, then consumers would simply turn away to other producers who can offer them what they need, in the amount needed, and for the price that is desired. This is the reason why the answer above is the correct one.
The maturation of biological systems, cognitive abilities, personality, emotional regulation, and appropriate and healthy social skills.
You can’t undo it so it’s too late now
B. Extradition means an agreement between at least two sovereign powers giving up a person suspected of a crime. Hope this helps.
David Ricardo defines economics as the fundamental argument in favor of free trade among countries and of specialization among individuals. David Ricardo developed his economic theory as a reaction to the man's writings of Smith.Adam Smith published "The Wealth of Nations" in 1776. It described a system that we would think of as "capitalism".
