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zalisa [80]
3 years ago
5

How did white southerners get around the reconstruction amendments?

History
1 answer:
d1i1m1o1n [39]3 years ago
7 0

Black Codes. They segregated public places and it was difficult for blacks to do things.

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The exercise gives us the information that wheat producers will supply a different amount at each price level.

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The same reasoning can be used when increasing the cost of production leads to a decrease in the price of wheat. Demand will adjust to price. As there will be different levels of price, demand behavior will also be varied, up to balance.

For example, the producer initially offered 100kg of wheat at a price of $ 10. If the cost of production has increased, the producer will have two options: to increase the price or to reduce the supply. In the exercise, he prefers to decrease supply. Let's assume that the offer falls to 30kg at a price of $ 10. There will be a choked demand needing wheat.

Thus, with each price increase the producer will offer more. Using hypothetical examples:

If he charges $ 12, he can increase the offer to 60kg

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