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charle [14.2K]
2 years ago
6

How do profit and competition determine equilibrium price?

History
1 answer:
Leya [2.2K]2 years ago
5 0

Answer:Competitive equilibrium is achieved when profit-maximizing producers and utility-maximizing consumers settle on a price that suits all parties. At this equilibrium price, the quantity supplied by producers is equal to the quantity demanded by consumers.

Explanation:

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Select the correct answer. Laws that state the penalties for crimes differ from state to state in the United States due to power
Agata [3.3K]

Unitary form of government would avoid this characteristic.

Option: A

Explanation:

Unitary form of government is the system of government which have the supreme power over the every branches of administration means executive, judiciary etc. It finalize the decision of its subordinate classes of governments. Here laws for crimes do not differ from state to state.

In confederate, presidential, parliamentary system of government each branches are assigned with its own duty and it has no power on the decision of other branches. So the decision may vary from state to state. Senate and house of representatives take decision separately for every political feature.

4 0
3 years ago
The bailout declaration declared that Britain would do witch of the following
Katen [24]

Answer:

A. support a jewish in palenstine

3 0
3 years ago
What caused West Africans to transition from controlling the exchange of
andrey2020 [161]

The correct answer to this open question is the following.

What caused West Africans to transition from controlling the exchange of goods to European slave raiders was the fact that European powers such as Great Britain, Spain, or Portugal directly competed to acquire the control of the slave trade of African people.

Everything started with John Hawkins, considered to be the first European slave trader in 1562. Years later the government of Englan granted charters to merchants and traders to open locations in West Africa where they could exploit the raw materials and natural resources such as ivory and gold. Because of this, England started to get more competition from other European nations such as Switzerland, the Dutch, and Denmark.

8 0
2 years ago
After the american revolution france was left​.....?<br>debt free<br>in turmoil<br>without a leader
Keith_Richards [23]

Answer:

...in turmoil.

Explanation:

After the American Revolution, the French also believed that it was time for them to reconstruct their government. Their government under the leadership of Louis XVI & Marie Antoinette did not work well, as they proved to be ineffective in helping the people, as well as spending large amounts of money on their own pleasures. This led to the overthrow of the Monarchy as well as the Reign of Terror, that ended with the coup d'tat led by the popular Napoleon Bonaparte & the rise of the French Empire.

~

6 0
3 years ago
Which two of the following represent the ideals the Republican and Democratic parties agreed on?​
yKpoI14uk [10]

The ideals that the Democratic and the republican parties agreed on are

  • Social liberty
  • Social equality.

<h3>What is social liberty?</h3>

This is a term that is used to refer to the freedom of the members of the United States. The term agrees upon the fact that citizens were free people.

<h3>What is social equality?</h3>

This term refers to the fact that all members of the country are equal and they all deserved to have the same opportunities in the nation.

Read more on the Republican and Democratic parties  here: brainly.com/question/14869581

5 0
2 years ago
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