In the supply curve and the demand curve, the equilibrium is reflected where the two curves intersect.
<u>Explanation:</u>
Equilibrium is fundamentally the condition in which the factors involved in the operation achieve balance of values with respect to each other. In the discipline of market economics, two major factors involved are that of supply and demand.
The equilibrium between supply and demand is achieved when the demand for a commodity or a service in the market is equal to the supply of the respective commodity or service.
When represented graphically, the condition of equilibrium is depicted through the intersection of the demand and supply curves.
Answer:
Steppe nomads would invade the settled communities to take control of pasture lands. Settled communities were in the fear of new or next invasion. The nomad's trade was not related to the gain but related to the goods provided themselves that they don't have that time Nomads were from two different cultures and districts.
Nomads speak a Turkic language. There were many nomads group who traveled on the silk road.
The job-search process begins long before you are ready to prepare your résumé because you must invest time and effort in self-evaluation. this statement is true.
To prepare in advance for a purpose, use, or activity, to prepare dinner. b : To be in the right state of mind is to be willing to listen. 2: Detail: Plan ahead and prepare your campaign strategy. 3a : Assemble : Prepare together a
Preparation is defined as preparing, assembling or providing what is needed. One example of preparation is packing for a trip. An example of preparation is making breakfast. One example of preparation is providing your child with the materials they need for school.
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