1) When the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal.
2)The corresponding price is the equilibrium price or market-clearing price, the quantity is the equilibrium quantity.
3) goods brought on by fads
4) Because supply shock is a sudden change of a good. Meaning if it is a negative shock, the equilibrium price and quantity of course will go down. And if it is a positive shock, vice versa of negative.
5) consumers are able to pay more so they can buy a product when rationing makes it unavailable
The answer is the 4th option
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Answer:
In the national popular vote, <u>Gore</u> received <u><em>48.4 percent</em></u> while <u>Bush</u> received <u><em>47.9</em></u>, <em>losing by over 540,000 votes</em>. U.S. presidents, however, are chosen by the Electoral College, a system in which “electoral votes” are assigned to states based on their population and then awarded as a lump sum to the winner of the popular vote in that state – currently, it takes 270 electoral votes to win. By the end of Election Night, 2000, <em><u>Gore’s tally stood at 250 and Bush’s stood at 246 with Oregon</u></em>, Wisconsin and Florida too close to call.
becuse they said if they were splited up and then killed