Answer is the last sentence
Because older people usually discourage younger people of the same race not to date outside of their race because thats what the older generation was used to.And the younger generation will have these belfies instilled into them and pass it unto the generation after them and so on and so on.
The brainest answer would be appreciated.
If the price of a product is higher than the equilibrium, there will be a surplus.
Option: A
Explanation:
Market equilibrium is reached when demand and supply curve intersect means there is an equal balance between demand and supply of the product in market. When the price of a product is higher than the equilibrium there will be a surplus of the product.
When producer produced enough product in comparison with demand what will happen? Producer will obviously sell his product in lower prices to make his stock clear. And when he lowers the price of product it will create huge demand means surplus of the product in the market.
Answer:
D. All of the above.
Explanation:
Their are many reasons why economists study the perfect competition model but we will focus on the options given and it is certified that all of them are the reason for this. Because it is used as a benchmark to compare with other market structures etc.
Firms can enter and leave the market without any restrictions , therefore, there is free entry and exit into and out of the market.
A perfectly competitive firm is known to be a price taker because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors.
Answer:
Negative effects of the Mongol Empire's expansion into Western europe, East Asia, include the wiping out of people that resisted given the violent nature of their invasions.
Positive effects include a century of peace those under under Mongol rule. This stability allowed for the reopening of the Silk Road trading routes between China and Europe, increasing cultural exchange and wealth all along the trade paths including Western Africa, East Asia and Europe.
