The intersection between the supply curve (an upward sloping function) and the demand curve (a downwardsloping function) determines the equilibrium point of a market. The equilibrium is the point which represents the exact market price and quantity demanded/supplied at which the wishes of consumers and suppliers meet.
<u>When the market is not in the equilibrium point</u>, two different situations could be happening:
- Excess demand: this is a situation in which the market price is located below the equilibrium price. The quantity demanded at that market price would exceed the amount that the producers are willing to produce and supply at that same price. Therefore, not all consumers are able to obtain the product they desire and there is rationing.
- Excess supply: at a certain price located above the equilibrium, the quantity that suppliers are willing to produce exceeds the amount demanded by consumers at that more expensive price. Therefore, suppliers would not be able to sell their whole production in the market.
Answer: Johnson, Truman, Buchanan, Kennedy, and F.D. Roosevelt.
It weathers it down until it is nothing but sediment in a river, lake, or ocean.
Answer: The people who sincerely believe that constitutional rights are limited solely to those spelled out in the text of the Constitution must be able to defend not just the absence of a right to privacy, but also the absence of constitutional rights to travel, a fair trial, marriage, procreation, voting.
Hey there!
Here are the matches:
<em>Young Americans for Freedom: </em>Conservative group in favor of the Vietnam War, lower taxes, and strong anti-communists.
This group was founded in 1960. It's an activist group with conservative views, matching the anti-communism, low taxes, and pro-war views.
<em>Students for a Democratic Society:</em> Advocated for "participatory democracy" and community involvement; anti-Vietnam war.
This group was also founded in 1960 but ended in 1974. It was another student activist group, and this one had views farther to the left.
<em>Free Speech Movement:</em> College students asserting their right to be heard and counted.
This was a major student protest in the mid-1960s concerning the rights of college students at the University of California, Berkeley.
Hope this helps!
