The intersection between the supply curve (an upward sloping function) and the demand curve (a downwardsloping function) determines the equilibrium point of a market. The equilibrium is the point which represents the exact market price and quantity demanded/supplied at which the wishes of consumers and suppliers meet.
<u>When the market is not in the equilibrium point</u>, two different situations could be happening:
- Excess demand: this is a situation in which the market price is located below the equilibrium price. The quantity demanded at that market price would exceed the amount that the producers are willing to produce and supply at that same price. Therefore, not all consumers are able to obtain the product they desire and there is rationing.
- Excess supply: at a certain price located above the equilibrium, the quantity that suppliers are willing to produce exceeds the amount demanded by consumers at that more expensive price. Therefore, suppliers would not be able to sell their whole production in the market.
-became more radical in 1770s --> fierce opposition to British crown- 1770 he had come to the conclusion that american colonists should allow for British control, given some adjustments to current order of course- chaos and even violence including the recent Boston, came as a result of five years worth of instability, Massacre of 1770 in which British forces fired into a crowd of townspeople, killing five.- violence --> solution of revolution
~<span>Most </span>slaves<span> during the </span>Roman<span> Empire were foreigners and, unlike in modern times, </span>Roman slavery<span> was not based on race. </span>Slaves<span> in </span>Rome<span> might include. Another </span>difference between Roman slavery<span> and its more modern variety was manumission;the ability of </span>slaves<span> to be freed.
Hope this helps.</span>
Answer:
A( Forests
Due to research he likes locating his Cities near forests so they look more high class.
