<span>united the mongol tribes known as the ruler of all men?</span>
Nein er hat nicht. Sie können mir später danken!!
The intersection between the supply curve (an upward sloping function) and the demand curve (a downwardsloping function) determines the equilibrium point of a market. The equilibrium is the point which represents the exact market price and quantity demanded/supplied at which the wishes of consumers and suppliers meet.
<u>When the market is not in the equilibrium point</u>, two different situations could be happening:
- Excess demand: this is a situation in which the market price is located below the equilibrium price. The quantity demanded at that market price would exceed the amount that the producers are willing to produce and supply at that same price. Therefore, not all consumers are able to obtain the product they desire and there is rationing.
- Excess supply: at a certain price located above the equilibrium, the quantity that suppliers are willing to produce exceeds the amount demanded by consumers at that more expensive price. Therefore, suppliers would not be able to sell their whole production in the market.
Answer:
completely randomized (answer from Khan Academy)
Explanation:
This study is an example of a completely randomized design since each subject is randomly assigned to one of the treatment groups without extra consideration to other variables.
Answer:
Which sentence from the passage shows that the function of the river depicted here has carried through to modern times?
Explanation:
Which sentence from the passage shows that the function of the river depicted here has carried through to modern times?