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Mkey [24]
2 years ago
12

Why is Supply and Demand a very important concept to microeconomics please state your reasons and why?

Social Studies
1 answer:
puteri [66]2 years ago
8 0

Answer:

Supply and demand are both important for the economy because they impact the prices of consumer goods and services within an economy. According to market economy theory, the relationship between supply and demand balances out at a point in the future; this point is called the equilibrium price.

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Neither raster nor vector is perfectly suited to model all real world phenomena. Identify three strengths and two weaknesses for
anygoal [31]

Answer:

Vector advantages :-

1. Without generalisation, data may be represented at its native format and shape.

2. Because most information is in vector form , e.g. hard copy charts, no data translation is necessary.

3.It maintains exact geographic position of the results.

Vector disadvantages :-

1. You need to specifically store the position of each vertex.

2. Spatial interpretation and filtration is not feasible inside polygons

Raster advantages :-

1. Normally, data analysis is simple to programme and fast to execute due to the simplicity of the digital storage methodology.

2. The underlying design of the raster maps is best suited for statistical simulation and quantitative analysis, e.g. one attribute charts.

3. Discrete data, such as tree ranges, is as well accommodated as continuous data , e.g. altitude data, which enables the convergence of the two data forms.

Raster disadvantages :-

1.The size of the cell specifies the resolution the data are interpreted at.

2. Based on the cell intensity it is extremely difficult to accurately reflect linear features. Therefore network links are hard to create.

6 0
3 years ago
What impact did fords assembly line have on changing american lifesty;es?
MatroZZZ [7]
They were able to get things quickly and more efficiently as this is a much faster process capable of producing higher volumes with less money.
8 0
3 years ago
how did safavid rule deepen the conflict between the sunni and shia branches of islam in persia and the ottoman empire
insens350 [35]

Answer:

!?

Explanation:

3 0
3 years ago
superbosses set expectations for those around them, but they also instill a sense of and in the team.
Elena-2011 [213]

They have great expectations for the team they have assembled and trust them. Although it can be challenging to please a superboss, Finkelstein believes that doing so "instill[s] a sense of confidence and exceptionalism."

<h3>Which of the following qualifies as a superboss trait?</h3>

The Superboss can be recognized by a number of characteristics, including genuineness, confidence, inventiveness, innovativeness, and competitiveness. They not only exhibit honesty and creativity, but they also encourage others to do the same.

According to Finkelstein, superbosses are also expert delegators. They have great expectations for the group they have assembled and trust them. Although it can be challenging to please a superboss, Finkelstein believes that doing so "instill[s] a sense of confidence and distinctiveness."

<h3>What are the two factors that drive Superbosses' motivation?</h3>

A superboss needs vision, fearlessness, and competitiveness in order to run a lean, successful business. Such A superboss' attributes don't just come easily and are an integral part of who they are; they are not something they learn over the course of a long career.

To know more about expectations visit:-

brainly.com/question/13040097

#SPJ4

8 0
1 year ago
Many students tend to develop illnesses in the days before final exams. A psychologist who notes that students become stressed a
Ne4ueva [31]

Answer:

A psychologist who notes that students become stressed as well during this time may attempt to claim that the reason for the increase in student illness is that research has found that stress can suppress immune functioning.

Explanation:

This is a simple matter of reasoning. One well-known consequence of stress in the suppression of immune functioning. In other words, when we are stressed, our immune system does not work properly. When the immune system does not function well, we lose our defenses against diseases, getting sick more easily. Since many students tend to be stressed out about their final exams, it is only logical for their immune system to be suppressed. That is why they tend to develop illnesses in the days before the final exams.

6 0
3 years ago
Read 2 more answers
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