Please give me answer choices and i will be glad to help.
Export means shipping goods out of the country. This means that it depends on the country to say what was the export, one country's export in another's import.
For Europe, the export was textiles and rum,
For Africa, it was the slaves,
For America, it was sugar, tobacco and cotton.
Answer:
the current price is below the equilibrium price.
Explanation:
At this point where quantity demanded (2,000 units) is greater than quantity supplied (1,000) units, then there is shortage in the market, which means, the current price/ market price is below the equilibrium.
Price equilibrium is a term that describes the point at which the quantity supplied equals quantity demanded. It is represented on a graph, where the curve of demand quantity intersects with supply quantity.
it is the loud sound that happens when u go faster than the speed of sound.
