As price falls, the law of demand says consumers will increase quantity demanded; the law of supply says producers will decrease quantity supplied. Thus, if price is above equilibrium the excess supply causes the price to fall.
Answer:
Explanation: “That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed.”
The two characteristics of settlements that are mos closely linked to Walter Christaller's central place theory are (A) the size of a settlement and the services it can offer and (<span>b) the income per capita of a settlement and its cost of living.
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Central Place theory refers to a geographical theory where in an urban system, the number size and location of human settlements matter in economy.
