A- He believes that, in life, every individual must confront fear in some form or another.
$8 and the equilibrium quantity is 300.- Cross between domestic demand and supply.
An equilibrium charge, additionally known as a market-clearing charge, is the patron cost assigned to a few services or products such that supply and call for are the same, or near the same.
In economics, financial equilibrium is a state of affairs wherein financial forces such as delivery and demand are balanced and in the absence of external impact, the values of monetary variables will not exchange.
The equilibrium price is the fee at which the amount demanded equals the quantity provided. it is determined via the intersection of the call for and supply curves. A surplus exists if the quantity of a good or carrier provided exceeds the amount demanded on the modern price; it causes downward stress on charge.
The question is incomplete. Please read below to find the missing content.
Refer to Figures 9-5. Without trade, the equilibrium price of carnations would be
a. $8 and equilibrium quantity would be 300.
b. $6 and equilibrium quantity would be 200.
c. $6 and equilibrium quantity would be 400.
d. $4 and equilibrium quantity would be 500
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Between ideas would be the answer
The difference between "lie" and "lay", is that lay is to place something in a position of use, and lie is to, be still or to be kept in a specified place.
Example for lay: "it is recommended to have your tile laid by professionals"
Example for lie: "The dress lay still on the bed "<span>
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From the media and you get biased version of it