When prices are allowed to freely fluctuate they tend towards the market equilibrium. The equilibrum consists on a price level, and a quantity of product exchanged at which both the interests of producers and consumers, are equal. At such point, the market clears, and there are not shortages or surpluses, consumers maximize their utility and producers manage to maximize their profits too.
Prices function as signals that show what are the individual intentions and desires of the economic agents (households, firms and state).
Answer:
Laboratories of democracy is a phrase popularized by U.S. Supreme Court Justice Louis Brandeis in New State Ice Co. a diverse patchwork of state-level government practices is created. If any one or more of those policies are successful, they can be expanded to the national level by acts of Congress.
Explanation:
Answer:
As president, he favored pro-business policies and limited immigration. Harding died suddenly in San Francisco in 1923, and was succeeded by Vice President Calvin Coolidge
I hope this helped, have an awesome day!
Answer:
The assassination of MLK Jr. boosted the civil rights movement even more.
Explanation:
When MLK Jr., a highly respected civil rights leader, was assassinated, people who weren't already following the movement saw the state of discrimination we were in and started following the movement.
The Impact<span>. </span>Plessy v<span>. </span>Ferguson<span> allowed 'separate but equal,' also known as segregation, to become law in the United States. After this, Jim Crow laws, which</span>were<span> a system of laws meant to discriminate against African Americans, spread across the U.S.</span>
