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:
D - to work with businesses to promote economic growth
Explanation:
The secretary is concerned with promoting American businesses and industries; the department states its mission to be "to foster, promote, and develop the foreign and domestic commerce"
Answer:
US becomes world's top exporter of liquified natural gas
Explanation:
US becomes world's top exporter of liquified natural gas: LNG exports from the United States topped 7 million tonnes (7.7 million tons) in December, according to ship-tracking data from ICIS LNG Edge, narrowly edging out rival producers Qatar and Australia for the first time. #accelerationism
Answer:
Below are some simple tips that you can use to write more effective letters: Use Proper Salutation.
Explanation:
The salutation should be "Dear Representative Smith" or Dear Senator Smith" or "Dear Assemblyman Smith" depending on the office held. The address should read: Honorable Jim Smith, Address, City, State, Zip.
<span>D) Supply-side economics
</span><span>Supply-side economics is an economic theory that claims that by lowering taxes on corporations, economic growth can be most effectively created and the greater supply of services and goods will be beneficial to the consumers and employment will increase.<span>
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