Market pressures tend to move prices toward a(n) _____.

1 answer:

5 0

Market pressures tend to move prices toward an "Equilibrium Price." In economics, the term Equilibrium price is a state where the forces of demand and supply are balanced. In the absence of external forces, at the stage of equilibrium, the values of the economic variables will not change because it is in a balance state.

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Compare your situation to the selected student's situation, how you can relate to their story? [cost, grades, responsibilities,

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You can compare a public education student to a student that has a private education.

Say that you are a public education student (hypothetically):
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Your parents leave the responsibility to you to watch over and babysit your siblings.
You have to get a good education so that you can support yourself in the future but this is hard because your school is public and therefore overcrowded, and the teachers are often overwhelmed.
This makes it hard to get the top grades that you always aim for.

Now imagine that you are a student with a private education:
Both of your parents work a high paying job. You live in an upper-class suburb and you go a very prestigious school. The school fees are very expensive and so is the uniform, but this is not a problem because your parents have the funds to allow this.
Your school is equipped with computers, iPads, and extra tutoring to ensure you have the best education possible.

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Through placing yourself in another person’s shoes like this, you are able to easily identify how different someone’s education can be based on their wealth, class status and where they live.

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Here's the answers in order:

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Answer:

The first action taken by Congress was that of passing an act to regulate the time and manner of administering certain oaths.

Explanation:

New York City was chosen as the temporary capital of the United States and the first Congress met here in March 1789.
The issues on the unwritten agenda were that of creating a treasury, a war machinery, a foreign affairs department, a sound tax system, a strong judiciary, etc.
All of these issues were considered by the Congress one by one and the offices for the same were established by passing necessary laws through the next few meetings of the Congress.

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