<span>The Battle being described is the Battle of Gettysburg. It was the turning point in the Civil War. General Robert E. Lee was marching his troops toward the Susquehanna River Pennsylvania. He planned to launch a massive attack on the North that would crush their spirit. On July 1st, 1863 he crossed the Potomac and engaged in battle with General George G. Meade in the largest battle of the Civil War with 165,000 soldiers fighting on the field of battle. They fought near the town of Gettysburg for three days. The Battle ended on July 3rd with Pickett's charge. In November of 1963, Lincoln delivered his famous Gettysburg Address, dedicating the Gettysburg Soldiers Cemetery. The losses of this battle were too much for the Confederate army and General Lee, realizing they couldn't recover, surrendered in Appomattox to General Ulysses S. Grant 21 months later.</span>
The answer depends on a crucial information that it is not provided, the purchasing power of those potential customers, but it still it is possible to reason how the demand and supply of membership would work.
- Surplus of memberships would take place when in the gym market there is a shortage of demand. This situation occurs when there are less customers willing to purchase the product at 45$ than the number of memberships that are available. To claim if this is the case in the example we would need to know the structure of the demand function in this market.
- Shortage of memberships takes place when in the gym market there is a excess of demand. The price is afforded by a number of customers which exceeds the amount of memberships available. Therefore, some rationing mechanism would be necessary to fix who will get the membership and who will not. Again, it would be necessary to know who the demand function works.
He made geographical miscalculations.
Coumbus though that the world was small, and Asia was enormous.
His calculation was that Asia was 3,000 miles from Portugal
Answer: They feared the empire had become too large to defend efficiently.
The AG industry was able to provide way bigger amounts of food. With higher amounts and productivity gave farmers a easier time to keep up with the growing population around the world. more people means higher demand for food in larger quantities.
