A graph of supply and demand. Price is on the vertical axis, and quantity is on the horizontal axis. Demand and supply curves meet at an equilibrium.

The graph above shows the concept of “supply and demand.” This is a vital part of Adam Smith’s ideas, and a foundation of economics. To help you interpret it, think about a product, like ice cream. “Supply” is how much ice cream is available. “Demand” is how much people are willing to pay for it.

How much does ice cream cost? If there is a high supply, ice cream will be cheap. Maybe the store will have a sale. Once people see that there is cheap ice cream, they will buy more of it. Demand goes up. As people eat more ice cream, the supply goes down. Now that there is less ice cream, people are willing to pay more. The price goes up. If the price goes up high enough, ice cream makers are motivated to make more ice cream.

In this system, no one “decides” what the price will be. Customers respond to the price and the supply. Makers and sellers respond to the demand. The price rises and falls. It naturally finds a “correct” place.

Have you ever had an experience with supply and demand? Do you know about something that became valuable because it was rare? Or something that got cheap because there was too much of it? Describe your experience.


This is discussion board.

Answers

Answer 1

Answer:

because it was rare?or great

Answer 2
because it’s rare ???

Related Questions

A very IMPORTANT STUFF THAT I HAVE TO DO

Due today, please help me today

Answers

Answer:

Elaborate more

Explanation:

You need to provide the folktale you are studying

Answer:

Elaborate more

Explanation:

Q5.
Which of the following is a service?
A. Doctor consultation
B. Tablet
C. Laptop
D. Microwave

Answers

I beleive the answer to this is:

A. Doctor consultation

I hope this helps! <3

Write a paragraph explaining what is meant by the Buddhist concept "Compassion is the cornerstone of existence."

Answers

Write a paragraph explaining what is meant by the Buddhist concept
Kindness may be a feeling of concern for others who are enduring and so makes a individual need to do something to assist. In Buddhism, sympathy is called karuna . The Buddha instructed that appearing kindness to others is something all individuals can do, indeed on the off chance that they discover other parts of his educating troublesome to follow.

Pretend you are a detective gathering clues to answer this question: What was life like in this settlement? Find details, or “evidence,” that will help answer the question. For example, the crucifix is evidence that Christianity was practiced in this settlement. What other pieces of evidence can you find?

Answers

Answer:

food remnants, building foundations, fabric remnants, statues, weapons, pottery, children's toys, tools, animal remnants, surrounding land for traced of farming, burials, local water sources

Someone help me please? I need this turned in today. Also it's a part of my grade. No links please.

Answers

Answer:

Uranium

Explanation:

you can find this out because wind, water and solar are all renewable energy sources

it’s d my friend, wind will always be here, water will always be here, solar energy is from the sun. uranium is like coal, only what it here from way back then is what we have

In three to five sentences, explain President Lyndon Johnson’s support of social programs to improve the country.

Answers

Answer:

Johnson studied at the University of Michigan in Ann Arbor and later became known for his domestic agenda. The main goal was to eradicate poverty and racial injustice completely. During this time, new major spending programs focused on education, medical care, urban issues, rural poverty, and transportation.

Explanation:

Please I need help, Thank you! Social studies

Answers

feel like the peaceful protests were okay because no one got hurt. and all though the colonist were mad, in my opinion it should not have escalated to threatening civilians and destroying their property, but i believe that burning the taxed good did no physical damage to anyone and because of that reasoning i believe that probably was ok . i hope this help, since this is in my opinion not yours it could verywell just be wrong
I’d say yes to this question because I agree

Pleases help with these 3 questions. I mark brainlist.
*How did African Americans gain their freedom?

*What was life like for African Americans living in Delmarva before the end of slavery?

*Who aided African Americans in their escape to freedom?

Answers

Before the general emancipation of American slaves during the Civil War, many secured their own freedom through escape, self-purchase, or being freed by the slaveholder.

Freed by slave holder

FREEDMEN'S VILLAGE, 1866. - The freedman's settlement at Trent River, North Carolina. Wood engraving from an American newspaper of 1866.
WHICH AMENDMENT IS SHOWN HERE?

Answers

Jelly is in krunker

Bbbbb
The 13th amendment I believe

After the civil war the 13th amendment emancipated all of the United States

Ulysses S. Grant was the—
Group of answer choices

general of the Union army that defeated Lee

skilled Southern general who led Confederate troops at the first Battle of Bull Run

president of the United States during the Civil War

person who crafted the Compromise of 1850

Answers

Answer:

general of the Union army that defeated Lee

Explanation:

i got it right on my test

I believe the answer is A :)

Why did some Romans oppose Caesar? (2-3 reasons) Ch. 11/L-3
simple non go.o.gle answers plz :/

Answers

Answer:

Why did some Romans oppose Caesar? Because they thought he had too much power. Why did the creation of latifundia cause poor people to move to the cities? ... He expanded citizenship, introduced reforms that helped the poor, but ended the republic by becoming Rome's first dictator for life.

Explanation:

thank me later

The majority of Caesar's conspirators were senators, and many of them were enraged because he had stripped the senate of much of its authority and stature. They were also upset with Caesar receiving so many awards when they had only received a few.

Who was Caesar?

In the year 44 BC Julius Caesar was a Roman general and politician who declared himself ruler of the Roman Empire. His reign lasted less than a year until he was sadly killed by his opponents.

Caesar's popularity and haughtiness infuriated many senators, a body of appointed (not elected) political leaders. Because the conspirators' claims against him were nebulous, so was their strategy to harm him.

Therefore, Caesar's popularity and his success as a military leader were the reasons why some Romans opposed him.

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What factors led up to the great depression

Answers

Explanation:

the causes of the great depression included the stock market crash of 1929, bank failures, and a drought that lasted though the 1930s. during this time, the nation faced high unemployment, people lost their homes,and nearly half of American banks closed.

Answer: Hello there!

I know that there was a stock market crash of 1929 and during the 1920s the U.S. stock market underwent a historic expansion. These were some factors that led up to the Great Depression.

-Banking panics and monetary contraction.

-The gold standard.

-Decreased international lending and tariffs.

100% Verified! :) Mark me as Brainlest! Thank you.

mmar1279

Explanation:

What is an example of how the government under apartheid limited people’s rights and an example of how rights expanded after the apartheid ended?

Answers

Answer:

Apartheid is system of legislation (system of racial segregation and discrimination) enforced by the all-white government in South Africa between 1948 and 1991.

Resistance to apartheid within South Africa took many forms over the years, from non-violent demonstrations, protests and strikes to political action and eventually to armed resistance.

Apartheid system was the based on like as gender, class, and race. It was the segregation and discrimination. It was the enforced to the White groups and relationship of Black groups.

What is apartheid system?

During the period of the 1948 to 1991, was the state are the enforced to the segregation and discrimination of the race, class, and the gender inequality. All-white National Party in South Africa was the started the system of apartheid system. The black people are the no right on the property and the education in the banned.

Apartheid divided individuals based on race, gender, and class, and implemented a segregation policy of White superiority and Black subordination. South African resistance to apartheid took numerous forms throughout the years, ranging from nonviolent rallies, protests, and occupations to political activism and, eventually, military resistance.

As a result, the significance of the apartheid system are the aforementioned.

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Who would have written this Autobiography?

TABLE OF CONTENTS:

CHAPTER 1
My life as a sailor and captain in the Union Navy...........................5

CHAPTER 2
I had to be brave and courageous………23

CHAPTER 3
My time in the U.S. House of Representatives…36

Group of answer choices

Frederick Douglass

Harriet Tubman

Clara Barton

Robert Smalls

Answers

Robert smalls would be the House of Representatives one, I believe Harriet Tubman would say “I had to be brave and courageous….” And Douglas would be the sailor. I hope this helps I did this unit about a month ago
the answer is Fredrick Douglas he wrote the auto biography

Even though the Han Dynastic period is not considered a Golden Age by historians, it is seen as very important to the Chinese people. In fact, some Chinese people today refer to the themselves as “Sons of the Han.” Why do you think this might be so?

PLS ANSWER NO LINK

Answers

The Chinese People refer to themselves as “Sons Of The Han,” because the name “Han” is from the Han Dynasty that made China into one country. The “Sons of Han,” may be used for people with a shared history of the past from their ancestors and cultural traditions associated with it.

Hope this makes do for an answer!

People today still refer them as the “son of the han” is because they believe to keep their culture alive and going so they will refer themselves as the “Sons of the Han”

Northerners believed that the national government’s power was—
Group of answer choices

limited by states’ rights

only enforceable in the western territories

supreme over that of the states

only to be used by the president

Answers

Answer:

gggg9999999

Explnuuuuuuuu

C would be the best answer
Explanation: US1 Standard

These are definitions, what are the words for each definition? GIVING BRAINLY
Formed in response to the creation of NATO.
An alliance created to prevent Communism.
An event created in order to force West Berlin to join with East Germany’s Communist ways.
A race to see who could create the most nuclear weapons.
Countries that were dependent on the USSR.
A faith in war and military power.
Biased information used to influence public opinion.
A strong feeling of pride for one's country.
The closing off of a port or harbor to prevent entrance or exit.
Countries that help one another in war.

Answers

warsaw pact
NATO
construction of Berlin wall
cold war
so many- cuba, north Korea, yugoslavia
patriotism
blockcade
ally
Answers:
1) Warsaw Pact
2) NATO (North Atlantic Treaty Organization)
3) Construction of the Berlin Wall
4) The Cold War
5) North Korea / Cuba
6) Religion
7) Propaganda
8) Patriotism
9) Blockade
10) Allies

Even though the Han Dynastic period is not considered a Golden Age by historians, it is seen as very important to the Chinese people. In fact, some Chinese people today refer to the themselves as “Sons of the Han.” Why do you think this might be so?

Answers

Answer/Explanation:

The transition from Ming to Qing, Ming–Qing transition, or Manchu conquest of China from 1618 to 1683 saw the transition between two major dynasties in Chinese history. It was the decades-long conflict between the emergent Qing dynasty (清朝), the incumbent Ming dynasty (明朝), and several smaller factions in China (like the Shun dynasty 顺朝 and Xi dynasty 西朝). It ended with the rise of the Qing, and the fall of the Ming and other factions.

sorry it's not exact! Hope this helped a bit

66666666666666666666666666666666666666

Whom do we honor on Memorial Day? Also, list 3 new facts you learned about this holiday from Flocabulary.

simple sentences plzz

Answers

In Memorial Day we honor all the veterans and soldiers that have died during the war, and this war could be WWI and WWII. Which you can imagine that families have lost their family members during these wars. These wars would go on for 4 years which is a long period of time.





1. One thing i have learned from Memorial Day is that if you have a family member or relative that has died in the war, the people would send you a flag that has a star on it to honor your son,dad,cousin, uncles that fought in the war.



2. Another thing i have learned is, when you pass by a cemetery and you see these little american flags you can know that that tombstone was from one of the people that fought and didn’t make it through the war and died.
we honor soldiers and veterans. they fought for our country!

Answer this questions please due in 5 min

Answers

Answer:

MROW

Explanation:

Omg i am so sorry for the rude person in the comments

Who created the American Red Cross?
Group of answer choices

Clara Barton

Frederick Douglass

Abraham Lincoln

Susan B. Anthony

Answers

Answer:

Clara Barton


Explanation:
Frederick Douglass was the one

:3 Somebody help me, please! It's only 2 questions!
I will give brainliest for all answers and brainliest answer!

Answers

Answer:

• see (understand) - treat - protect, • alliance

Explanation:

I'm not sure, but that's how I would answer

Interact,love,and care pact

How did Julius Caesar rise to power in Rome? Give 3 reasons
Ch. 11/L-3 pg. 3-4
simple sentences plz
will give brainlest

Answers

Answer:

Julius Caesar began his rise to power in 60 B.C.E. by forging an alliance with another general, Pompey, and a wealthy patrician, Crassus. ... Upon his return, Caesar made himself dictator and absolute ruler of Rome and its territories. During his rule, he enacted several reforms.

Explanation:

thank me later

Please help me on this i will give u brainliest for the best answers

Answers

where’s the work you need help with?? you didn’t add anything ??,,,,,
There is no picture post it again then I can answer!

I have to write an essay
and have evidence from the passages
The paragraphs have to be RAFFT paragraphs
Its due today please help

Answers

Can’t help you if there’s no text
It would be a lot easier to write it if we had text to show what to write about I’m sorry I can’t help

In a couple of sentences or more, compare and contrast Buddhism and Hinduism.

Answers

Answer:

z

Explanation:

Hinduism is a polytheistic religion with hundreds of gods. Buddhism doesn't have a godly figure, but follows Siddhartha Gautama, also known as Buddha, into nirvana, or a state of enlightenment. When it comes to life after death, in Hinduism, reincarnation is believed to happen, called samsara. In Buddhism, once one reaches nirvana, it is said that all paths of pain and suffering are ended. Hinduism is one of the most common religions today, practiced mainly in India. Buddhism made its way up the Silk Road into East Asia, where it is also still practiced. Both religions originated in India.

They are polytheistic

The Supreme court is the highest federal court in the United States *

A.True
B.False

Answers

Answer:

True

Explanation:

The Supreme Court of the United States is the highest court in the land and the only part of tye federal judiciary specifically required by the Constitution. The Constitution dose not stipulate the number of Supreme Court Justices the number is set instead by Congress.

Hope this

helps :)

Answer:

True

Explanation:

The Supreme Court of the United States is the country's highest court. Article III of the United States Constitution The Supreme Court was established by the Constitution, which also gave Congress the power to adopt laws establishing a system of inferior courts.

Hope this helps :)

In three to five sentences, examine how the arms race during the Cold War increased tensions.

Answers

In 1949 the USA and USSR were at an arms race for nuclear warfare weaponry because the USSR had tested its first atomic bomb and then the USA had to do the same and develop better weaponry or try to so that way if the USSR strikes the USA then they were able to strike back. Many in the USA believed that it was the end once the USSR made an atomic bomb and even prepared children to take gas masks to school because of how much the USA thought they would be eventually nuked by the USSR.

In 1949, the United States and the Soviet Union were engaged in a nuclear arms race because the Soviet Union had tested its first atomic bomb.

How Cold War increased tensions?

The United States was not only the one to have power at the time of independence, but soviet unions also have immense powers. One heightened with the threat of atomic weapons and it has came to dominate global politics.

Thus, In 1949, the United States and the Soviet Union were engaged in a nuclear arms race.

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ASAP PLS ANswer all Questions PLEASE Watch the video below pls and then ANswer ALL Questions
https://www.pbs.org/video/breaking-ground-ibdgjq/
1) How were stereotypes in popular culture harmful to Asian Americans? Why are stereotypes harmful in general?

2) How did Asian Americans perceive and experience "the American dream" according to this film?

3) How did Asian Americans contribute to the building of America (structurally and/or ideologically)?

Answers

3 would be the correct answer i hope this helps

3) How did Asian Americans contribute to the building of America (structurally and/or ideologically)?

Put yourself in the shoes of a videogame designer marketing a game on the lifestyle, hardships and challenges of being an Aztec warrior. Construct a well-written paragraph that summarizes the experiences of being an Aztec warrior based off of today's simulation. Your paragraph should include at least six (6) to eight (8) well-written sentences.

Answers

Answer:

cringe

Explanation:

Answer:

well theres binary coding, fixing bugs, demand of updates ect

Explanation:

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