Answer:
North America has more gold than Australia.
Explanation:
Answer:
The common housefly is a flying insect that is found throughout the world. The genus and species of the housefly is Musca domestica.
Anatomy: Like all insects, the housefly has a body divided into three parts (head, thorax, and abdomen), a hard exoskeleton, and six jointed legs. Flies also have a pair of transparent wings. The Housefly can taste using its its feet and with its mouthparts.
Answer:
Explanation:
Example
Let us take this slowly by considering a bicycle. You are given 1 bicycle and you wish to sell it. 4 people are interested and think your price is fair.
so the supply is 1 bicycle
and the demand is 4 people
If those people are want the bicycle equally, what do you think could happen to the price of the bicycle? Shouldn't it go up? Especially if they are all willing to make side deals.
Supply: 1 bicycle
Demand: 4 people
Price goes up.
Now go back.
Suppose you have 10 bicycles and only 8 people are bidding on them. They are not really that interested. So you have to lower the price until someone bites.
Supply: 10 bicycles
Demand: 8 people.
Price goes down. The supply exceeds the demand.
