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Oliga [24]
2 years ago
5

How is the price of a product determined

English
1 answer:
ycow [4]2 years ago
6 0

Answer:

The price of a product is determined by the law of supply and demand. ... The equilibrium market price of a good is the price at which quantity supplied equals quantity demanded. Graphically, the supply and demand curves intersect at the equilibrium price.

Explanation:

The price of a product is determined by the law of supply and demand. Consumers have a desire to acquire a product, and producers manufacture a supply to meet this demand. The equilibrium market price of a good is the price at which quantity supplied equals quantity demanded. Graphically, the supply and demand curves intersect at the equilibrium price.

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Mrrafil [7]

Geijer’s comment supports MacGregor’s point because:

  • It illustrates the popularity of tea in Britain during the 1800s.

<h3>What is the main point of the text?</h3>

The passage highlighted the importance of tea to the British people in the 1800s and the beginning of the 1900s.

The figures that were portrayed in the passage support the point that tea consumption now marked the lives of the Britons. So, option C is right.

As it got cheaper, tea also spread rapidly to the working classes. By 1800, as foreigners remarked, it was the new national drink. By 1900 the average tea consumption per person in Britain was a staggering 6 lbs (3 kilograms) a year. In 1809 the Swede Erik Gustav Geijer commented:

Next to water, tea is the Englishman's proper element. All classes consume it . . . in the morning one may see in many places small tables set up under the open sky, around which coal-carters and workmen empty their cups of delicious beverage.

Learn more about tea consumption in Britain here:

brainly.com/question/25757128

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7 0
1 year ago
Which of the following is written correctly for a book citation? (starks 97). (starks par. 97). (starks "animals," 97). (starks
natima [27]
If this is MLA format, in-text citations only require the author and the page number. if no author exists, then you provide the title and the page number. if there is no author and no page number, you simply give the title.

assuming the author is starks, the page is 97, and the title is "animals"--you only have to put (Starks 97) in parentheses. the author and the page is enough information for someone to access your source.
6 0
3 years ago
Identify the pronoun in this sentence.
SVETLANKA909090 [29]
Everyone. Is the pronoun
3 0
3 years ago
Which of the following sentences does not properly use a subordinating conjunction? A. He acts like he's going to cry. B. As the
Eddi Din [679]

Answer:

A. He acts like he's going to cry.

Explanation:

A subordinating conjunction is a conjunction which marks a transition of time, place, cause or effect relationship between two ideas in the sentence. Also, it decreases the importance of one clause to make the reader analyze which idea among the two is more important than the other. Some of the examples of subordinating conjunction used in the given sentences are 'as', 'unless' and 'because'. In sentence A, there is no subordinating conjunction used.

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3 years ago
Quoting Relevant Information (Part 2)
andriy [413]

Answer:

I’ll drop a picture.

Explanation:

Hope I helped !

6 0
3 years ago
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