I think that you are talking about Wounded Knee Massacre, as known as the Battle of Wounded Knee. These events took place on 1890, on the Lakota Pine Ridge Indian Reservation, South Dakota State. On December 15th, the trigger was the arrest of Sitting Bull, a Sioux chief who was practicing a dance. He was killed in the process. But on December 29th, another dance became into a fight between indians and american soldiers and this time, a massacre fallowed to a shot (which is not clear the side), and the events develop into more than 200 indians dead – mostly kids and women – and 25 men from US Army.
Answer:
The correct answer is a. the equilibrium quantity decreases, and the equilibrium price is unchanged.
Explanation:
A perfectly elastic demand is an extreme case in which quantity demanded falls to zero with any increase in price, and increases to infinity when price drops.
Now we have this relation clear, it is important to notice that the question is introducing a third variable, which is quantity supplied. When supply decreases, the price remains the same, since only at this price consumers buy the good. The only change that ocurred is related to the availability of the product in the market.
In a normal scenario, an elastic demand would respond to this decrease in supply, pushing the price up, since consumers are willing to pay more. But given that we assume that the demand is perfectly elastic, the price remains the same, otherwise demand would fall to zero.
1) Newspapers
2) Television
3) Raido
1. The geography of India greatly influenced the location of early settlements on the subcontinent. Both the Indus and the Ganges rivers carried rich silt from the mountains to the plains. When the rivers flooded, the silt spread over the plains and made the soil in the river valleys fertile for farming.
2. It was very hot and the soil wasn't good enough for farming.
