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.
Answer:
The great depression and overall instability and lost glory after WW1.
Explanation:
<span>When the French got a new government, the U.S refused to repay its old debts to the new leaders.
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When the United States refused to repay debts owed to France,France stopped all trade with the United States.
<span>c. France began to seize American ships and cargo.</span>
On March 6, 1836, after 13 days of intermittent fighting, the Battle of the Alamo comes to a gruesome end, capping off a pivotal moment in the Texas Revolution. Mexican forces were victorious in recapturing the fort, and nearly all of the roughly 200 Texan defenders—including legendary frontiersman Davy Crockett—died.
Final answer is D
