This statement is WRONG.
The supply curve is an upward-sloping function that determines the relationship between price and quantity supplied. Therefore, if the quantity supplied changes, this would trigger <u>a movement along the curve (and not a shift!). </u>
- An increase in the quantity supplied corresponds to an increase in the selling price of the product. Producers are willing to supply larger quantities when the price is higher. This proves why the slope of the curve is positive.
- On the contrary, a decrease in the quantity supplied corresponds to a decrease in the price.
The open door policy is where every country has equal trade in china
Answer:
Between 1800 and 1830, travel time between New York City and the meeting point of the Mississippi and Ohio Rivers decreased by 3 weeks.
Between 1800 and 1830., travel time between New York and Florida decreased by one week.
By 1830, a traveler could get anywhere along the Atlantic coast in 2 weeks or less.
Explanation:
A. 20 is what i know and what i found online hope its right.