Answer:
BRUH ME HE IS SOOOO CUTE OMGGGGG
Explanation:
Being persistent and risk taking
The question asks which of the following, but there are no choices. I don't know if it is supposed to be answered in context to a specific situation, so I'll just explain what happens with price ceilings in general.
Assuming the government sets the ceiling below the equilibrium price (where supply and demand cross), demand will be higher while supply will be lower. This is due to the fact that consumers want to buy more since the drinks are cheaper, and producers want to produce fewer bottles since they are not making as much money. This creates a shortage.
The new quantity supplied will be where the supply curve crosses the horizontal price ceiling line, and the new quantity demanded will be where the demand curve crosses the price ceiling.
If we were to draw the graph of supply and demand, the area to the left of the equilibrium point and between the supply and demand curves represents total surplus. The area above the equilibrium price (NOT the price ceiling) and below demand is consumer surplus because there is extra value that consumers are willing to pay, however they don't have to because the price is lower. The area below the equilibrium price and above supply is producer surplus because The price is higher than the minimum value the producer has for the product.
That being said, with a price ceiling in place, the new price is lower and the quantity supplied is less. That means that there is less total surplus. This results in deadweight loss.
Answer:
While spending time with Cassie, Raymond made-up a story about them previously having fun at Edisto Gardens. Later Cassie Remembered the event though it never occurred . Cassie is likely experiencing
Explanation:
Answer:
Based on the historical evidence it is reasonable to <em>refute</em> the claim that Mexico incited war by killing 11 Americans.
Explanation:
Mexican-American War (1846 – 1848) was preceded with the annexation of Texas in 1845. Shortly after annexation, James K. Polk (1795 - 1849), 11th president of the United States have ordered General Zachery Taylor (1849 - 1850) to move troops to Rio Grande border, knowing that dispute over Mex-Tex border was under question and could get violent response from Mexico. He later used this as an excuse to start the war against Mexico.