Supply and Demand Effects farmers in various ways:
- Demand Increase: Price increases, Quantity increases.
- Supply Increase: Price decreases, Quantity increases.
- Demand Decrease: Price decreases, Quantity decreases.
- Supply Decrease: Price increases, Quantity decreases.
<u>Explanation:</u>
Supply and demand, as well as market prices, will rise and fall until they achieve a balance, which is called market equilibrium. As a response to decline the sales, farmers will have to lower the prices until the demand for product increases.
If a farmer set a price which is too high, thus the demand will decrease. If the market price is high, the interest of producers for a certain product or service will increase.
Answer:
Hello There!!
Explanation:
The Empire State building date of construction is 17th March 1930.
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Answer:
The Rwandan genocide, also known as the genocide against the Tutsi, occurred between 7 April and 15 July 1994 during the Rwandan Civil War.
Explanation:
Both the Maya and the Inca had similar social stuctures;
men and women were to be considered close to equal, though, in some instinces, women were still lesser to men. Both drained swamps and carved terraces for agriculture, which they depended on heavily, like all other ancient civilizations in the Americas.
The Maya and Inca both shared a similar calender system, though, the Inca calender was a bit more complicated, and both civilizations built great stone monuments.
Plus, they practiced metallurgy, sacraficial rituals, and polytheism
Roman is not a dominant language in Western Europe.