"Hellenistic" is the age to which Alexander the Great owe the majority of the ideas.
So given that Annie paid $12 first to enter the state fair as entrance fee, then per ride costs $2 each, the equation would be y = 2x + 12. Given that she rode eight rides, that would mean y = 2(8) + 12, so the answer would be y = $28. So the amount she spent in total is $28. Hope this answers your question.
Queen Victoria gave the desk to the president has a token of good will.
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Thus the USSR became the first state to have as one objective of its official ideology the elimination of existing religion, and the prevention of future implanting of religious belief, to establish state atheism (gosateizm).
The economy operates according to the law of supply and demand for goods and services. According to this theory, the interaction between supply and demand for a good or service fits and the vector of adjustment is price.
If the price is high, there is more supply than demand. If the price is low, there is more demand than supply. If demand increases, price increases and supply increases. If demand falls, the price falls. That is, the price makes the interaction. There will be a moment where the quantity offered is exactly equal to the quantity demanded, at which point the price practiced is the equilibrium price.
So if an economy is in equilibrium at a time and then the price charged is higher than the equilibrium price, it means that demand has gotten higher than supply.
<u>However, none of the alternatives would explain why a price is charged above the equilibrium price.</u> <u>The answer is the reverse of what is written in alternative (A)</u>. The truth is this: As the quantity demanded rises, the price rises above the equilibrium price. <u>This is the answer</u>.
The alternative (B) is true, although it does not answer the question of the problem. If prices rise, demand falls. This is because the high price discourages consumption.
BTW, I'm an economist and I'm sure.
