The law of supply states that all other factors are equal, as the price of a good or service increases, the number of goods or services that suppliers offer will increase, and vice versa.
- If the production cost is high people will tend to shift toward another seller who is selling the Same good at a much lower price
- When the production cost will increase the other factor will also change and will affect the supply
- The presence of another seller will make a more competition between two sellers to earn more profit which may lead to an increase or decrease in the price of the good
- The number of suppliers
- The state of technology
- Government subsidies
- Weather conditions
- The availability of workers to produce the good
Hence it can be concluded that the Law of supply and demand are invisible hands in the market process which lead to inflation or deflation
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The federal system's Political will and orientation, jurisdictional clarity, transitional management, sectoral coordination, governmental autonomy, technical competency, extensive revenue utilization, judicious resource allocation, financial discipline, credibility, accountability, etc. are some of the issues that need to be addressed.
<h3>What is the system?</h3>
A system is a group of moving or interrelated elements that act according to a set of rules to form a unified whole. A system, surrounded and influenced by its situation, is described by its boundaries, structure, and function and shown in its functioning. Systems are the subjects of study of systems theory and other schemes sciences.
The feudal system is a type of social and political system in which landholders provide land to holders in exchange for their trueness and service. The greatest authority Feudalism in 12th-century England was among the better-structured and accomplished systems in Europe at the time.
Therefore, The greatest authority was Feudalism in 12th-century England in their system.
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A. Continental Slope
B. Seamount
C. Abyssal Plain
D. The Mid-Ocean Ridge
E. Island Arcs
F. Continental Shelf
G. Trench
Answer:
Explanation:
The firm will have to decrease product prices and carryout promotional sales to reduce their stock and to recover some of their invested capital.
After World War II Communists took control of China so your answer would be A
