Scarcity exists because people's wants for goods and services are greater than the number of products that can be made from available resources
On a graph that shows supply and demand curves, <u>equilibrium is the single point where the two curves meet</u> (aka are <em>equal</em>).
Hello there,
An example of global dependency is when products are produced and used in the same country?
Answer: False
Answer:
determines the level of interactions and responsibilities associated with employees and managers.
Explanation:
Answer:
Supply equals demand
Explanation:
Equilibrium is a situation which occurs when there is a balance between quantity demanded and quantity supplied.
