If all other factors are equal, supply will reduce as the prices go up.
Why would this be the case? As prices go up, demand for the product will go down, because some purchasers will not be able to afford the product. As demand goes down, then also suppliers will reduce their production of that product.
In economics, the law of demand asserts that the higher the price of something, the less people will demand that thing. The law of supply asserts that producers will supply more a product when it is selling at a higher price and are less motivated to produce quantities of the product when it is selling at low prices. <span>
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Plato was probably talking about a Democratic government which is composed of several leaders that are in-charge of particular cities and communities in a country. During his time, Plato is a known philosopher who spent his time discussing with people in plazas and squares arguing about almost anything under the sun.
The correct answer is A) It set "separate but equal" as a legal precedent.
The ruling in Plessy v. Ferguson affected the legalities of segregation in that "It set "separate but equal" as a legal precedent.
In a time when racial segregation was a major issue in the United States, the decision of the US Supreme Court in the case of Plessy v. Ferguson (May 18, 1896) established the legal precedent of "separate but equal." One of the consequences of this controversial decision was that Jin Crow laws continue to hurt African Americans in the southern states. The Supreme Court stated the protection referred to the 14th Amendment was to rights such as voting rights, not for sitting on a special couch of a train.
