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.
The Tang Dynasty of China when faced with rebellion from General An Lushan in their northern territories sought outside support from mercenary forces. This was done a number of times during the rebellion, these mercenaries were typically Arab, however, we also have examples of soldiers brought from Uighur to fight with the Tang and numbered in the thousands in the fight against Lushan's forces.
With the help of mercenary forces, the Tang were able to take back several important capital cities of China and effectively eliminated the rebellion of Lushan, as well as his later supporters and successors.
There are only 3 rights listed in the DOI, that is , the rights to life, liberty, and the pursuit of happiness.
I hope this helps!
