Answer: The numeral 20
Explanation:
For the Maya, the basic unit of time, a day, was called a kin. In the second order, 20 kins made up a uinal. In a vigesimal system the third order would be 20 uinals but, instead, 18 uinals made up a tun. Thus a tun was 360 kin (days)
The answer is: The middle colonies experienced economic growth as cities such as New York and Philadelphia became centers of trade.
When both new york and Philadelphia become the centers of trade, a lot of investors became interested to inject their capital into these two cities.
This created a lot of job opportunities in both of these cities, making the middle colonies around them to experience massive economic growth and increase in the number of modern infrastructures.
The economy operates according to the law of supply and demand for goods and services. According to this theory, the interaction between supply and demand for a good or service fits and the vector of adjustment is price.
If the price is high, there is more supply than demand. If the price is low, there is more demand than supply. If demand increases, price increases and supply increases. If demand falls, the price falls. That is, the price makes the interaction. There will be a moment where the quantity offered is exactly equal to the quantity demanded, at which point the price practiced is the equilibrium price.
So if an economy is in equilibrium at a time and then the price charged is higher than the equilibrium price, it means that demand has gotten higher than supply.
<u>However, none of the alternatives would explain why a price is charged above the equilibrium price.</u> <u>The answer is the reverse of what is written in alternative (A)</u>. The truth is this: As the quantity demanded rises, the price rises above the equilibrium price. <u>This is the answer</u>.
The alternative (B) is true, although it does not answer the question of the problem. If prices rise, demand falls. This is because the high price discourages consumption.
BTW, I'm an economist and I'm sure.
A. i think is the best answer
