The three basic economic questions societies face are (1) what goods and services to produce, (2) how to produce those goods and services, and (3) who will get them.

In one or two paragraphs, explain how supply and demand help societies determine their answers to these three questions. Be sure to provide an example of the effect of supply and demand on a society's answers.

Answers

Answer 1

Supply and demand are both very important to economic activity. Supply is the total amount of a particular good or service available at a given time to consumers at a given price.

Demand is a representation of a consumer's desire to purchase goods and services; it acts as a measurement of a consumer's willingness to purchase a specific good or service at a given price. These two economic forces influence each other; they are both important for the economy because they impact the prices of consumer goods and services within an economy and the quantities produced and consumed.


Related Questions

Scientific process whereby the remaining amount of a specific carbon isotope found in the remains of a specimen is analyzed so as to determine the age of the specimen.

A) Carbon 14 Dating
B) Human Origins Dating
C) Blind Dating
D) Helium 14 Dating

Answers

Answer:

Carbon 14 Dating god bless you. :)

(A) Carbon 14 dating :) hope you have a good day!

Describe two reasons that Bangladesh has a high level of poverty and one way that is helping the country to improve this problem.

Respond in at least three sentences

Answers

Answer: bangladesh is a polluted country and is basically a technologically underachieved

Explanation:

HELPPPP PLEASE (GIVING BRAINLIEST)

Answers

Answer:

Hi! The answer is either B or C… I’m 99% sure it’s C) the creation of monopolies.

Explanation:

Hope this helps! Have a great day :)

Answer:

B.

Explanation:

Its the interferents beacause its in the law

1. In what ways does the Amazon River support life in its rain forest?

2. Based on the map and the chart, what are names of the 3 tributaries?

3. According to the map and the chart, out of the 3 tributaries which one flows into the city of Manaus?

4. According to the text, how is the biodiversity of the Amazon River and rain forest threatened by a growing population?

(im trying to finish my homework..)

Answers

Answer:

1. The Amazon rainforests is often called the "lungs of the planet" for its role in absorbing carbon dioxide, a greenhouse gas, and releasing moisture into the atmosphere through the process of transpiration. Rainforests produce oxygen during the day via photosynthesis and absorb oxygen at night via respiration.

2. Manaus, Negro, Purus

3. The amazon flows through the Manaus City

4. The unique biodiversity of the Amazon rain forest has been threatened by deforestation caused by clear-cutting forests for hardwood timber, and to provide pastureland for cattle and crop farms. Human development, such as the construction of roads, has also contributed to deforestation.

What are the major gods that the Ancient Chinese worship? ( If you can please cite your sources)

Answers

Here is the answer!!
They also did ancestor worship

WILL GIVE BRAINLIEST (LINKS AND FAKE ANSWERS WILL GET REPORTED)

Answers

Answer:

D

Explanation:

It is D because as I looked it up and did research it does say that it gave the federal government a greater involvement in the economy and society.

Answer:

Knowing that america is a democracy, they would increase the time it is involved in the average american's life. So D.

Explanation:

What is Islam and what does it do for brainliest

Answers

Answer:

Islam is an Abrahamic monotheistic religion whose central text, the Quran, is considered by followers, known as Muslims, to be the word of God. It is the world's second-largest religion with more than two billion followers or 24.9% of the world's population.

Please give me brainliest.

can someone help me with achieve 3000

Answers

Answer:

i say b i dont know

Explanation:

sorry if im wrong

Answer:

Probably b

Explanation:

Sorry if wrond

Give at least three examples of checks and balances among the branches of Georgia’s state government.

Answers

Answer:

What are 3 examples of checks and balances?

The House of Representatives votes to impeach the president, but the Senate votes that the president has lawfully upheld office. ...

The legislative branch votes to pass a new bill. ...

The judicial branch finds a law to be unconstitutional through a Supreme Court ruling.

Answer:

The legislative branch makes laws, but the President in the executive branch can veto those laws with a Presidential Veto. The legislative branch makes laws, but the judicial branch can declare those laws unconstitutional.

Explanation:

hope it helped and good luck!!:)

Despite having one of the largest economies in the world (based on GDP) what problem faces Japan that could impact its economic growth?

A.
Japan does not have a good coastline for trading.

B.
Japan spends most of its money on the military.

C.
Japan has a limited supply of natural resources.

D.
Japan has a small population of skilled workers.

Answers

Answer:

Should be A. Japan does not have a good coastline for trading.

Explanation:

From what I saw when I looked it up, this is the correct answer. Sorry if it is wrong!!

How are leaders chosen in Cuba and what do the citizens do?

Answers

Answer:

Cuban citizens are forced to vote for the candidates on the ballot, or their vote is considered invalid. These oppressive elections in Cuba only serve to further legitimize the authority of the communist government, as it gives the citizens of Cubans no free choice in electing their leaders. A Corrupt Electoral System

Explanation:

The Cuban Ministry of External Affairs describes the candidate-selection process as deriving from “direct nomination of candidates for delegates to the municipal assemblies by the voters themselves at public assemblies,” and points out that at the elections to the municipal assemblies.

What is the effect of, Beginning in the 17th century, France explored the Mississippi River valley and established scattered settlements in the region. (PLEASE HELP ITS FOR A ROUGH DRAFT AND ITS WAS DUE 4 DAYS AGO ALSO ITS 100% OF MY GRADE SO PLEASE HELP)

Answers

Explanation:

The Louisiana Purchase of 1803 brought into the United States about 828,000 square miles of territory from France, thereby doubling the size of the young republic. What was known at the time as the Louisiana Territory stretched from the Mississippi River in the east to the Rocky Mountains in the west and from the Gulf of Mexico in the south to the Canadian border in the north. Part or all of 15 states were eventually created from the land deal, which is considered one of the most important achievements of Thomas Jefferson’s presidency.

France in the New World

Beginning in the 17th century, France explored the Mississippi River valley and established scattered settlements in the region.

By the middle of the 18th century, France controlled more of the present-day United States than any other European power: from New Orleans northeast to the Great Lakes and northwest to modern-day Montana.

In 1762, during the French and Indian War, France ceded French Louisiana west of the Mississippi River to Spain and in 1763 transferred nearly all of its remaining North American holdings to Great Britain. Spain, no longer a dominant European power, did little to develop Louisiana during the next three decades.

Louisiana Territory Changes Hands

In 1796, Spain allied itself with France, leading Britain to use its powerful navy to cut off Spain from America. And in 1801, Spain signed a secret treaty with France to return the Louisiana Territory to France.

Reports of the retrocession caused considerable unease in the United States. Since the late 1780s, Americans had been moving westward into the Ohio River and Tennessee River valleys, and these settlers were highly dependent on free access to the Mississippi River and the strategic port of New Orleans.

U.S. officials feared that France, resurgent under the leadership of Napoleon Bonaparte, would soon seek to dominate the Mississippi River and access to the Gulf of Mexico. In a letter to U.S. minister to France Robert Livingston, President Thomas Jefferson stated, “The day that France takes possession of New Orleans…we must marry ourselves to the British fleet and nation.”

Livingston was ordered to negotiate with French Finance Minister Barbé-Marbois for the purchase of New Orleans.

Differenciate between relative and absolute location.

Answers

Answer:

An absolute location is an exact and precise point that indicates the specific location of a particular object or place. Relative location describes the location of a person or place in relation to another object or place.

Explanation:

Relative is describing the place and absolute is like the exact place you are

It was said that the King of Ghana
could put about warriors in
place for war because his kingdom
was so large.
A. 200
B. 200,000
C. 1,000

Answers

Answer:

B. 200,000

Explanation:

#carryonlearning i hope it correct

Im pretty sure it is B

The yellow tang fish eats algae off of the green turtle. What is this relationship an example of?

Independence

Dependence

Interdependence

Commensalism

Answers

Dependence, Because the yellow tang fish is relying on the green turtle for food.

PLEASE HELP ME (GIVING BRAINLIEST)

Answers

Answer:

Mark me brainliest

Explanation:

Its C

I hope this answers your questions C

helpppppppppppppppppppppppppppppppppp

Answers

Answer:

1. Indications that a specific ruler had lost the Mandate of Heaven incorporated the poor insurgencies, invasions by foreign troops, drought, deprivation, floods, and earthquakes. Of course, drought or floods often led to deprivation, which in sequence caused the poor uprisings, so these elements were often linked.

2. Authority has changed in the last 20 years away from an tyrannical stlye and headed towards a more synergetic approach, stimulating greater team work, capicty, innovation and creativity. And a lot has changed since the turn of millennium.

3.  The Mandate of Heaven sounds seemingly similar to the European notion of the "Divine Right of Kings," preposterously it funcitioned quite differently. It also says, "In the European model, God granted a particular family the right to rule a country for all time, regardless of the rulers' behavior.

Explanation:

Ps, I hope this helps.

May I have brainliest please.

Indicate that a. Special ruler had lost
Marina of heavens

so inportant

ketanji brown jackson took over whose vacancy in the supreme court

Answers

Grandma awards 3.3
new update in soon, cat wait!!!

Justice Stephen G. Breyer, I'm pretty sure its him

In one to two sentences, identify and describe the process by which the Grand Canyon was created. (2 points) Please help!!!

Answers

Answer:

here is the answer:

Explanation:

The erosion created by the Colorado River cut a deep channel through the layers of rock. This landmark formed about 6 million years ago.


This process is called tectonic uplift. Tectonic uplift can create plateaus and mountains.

Why was the exchange of plants and animals between the Old World and the New World called the Columbian Exchange?

Answers

The exchange of plants and animals between the Old World and the New Word was the process by which commodities, people, and diseases crossed the Atlantic is known as the Columbian Exchange.
Christopher Columbus introduced horses, sugar plants, and disease to the New World, but introduced sugar, tobacco, chocolate, and potatoes to the Old World. The process by which commodities, people, and diseases crossed the Atlantic is known as the Columbian Exchange.

i need helppppppppppppppppppppppp

Answers

Answer:

A lot of people thought the Gods could help them in a lot of ways like weather, food and etc.

Explanation:

I chose this answer because I have read a lot of books on Greek Gods and Roman Gods and there people looked up to them just like we look up to our God.

What he said :/ I to tired to type it all

HELP (GIVING BRAINLIEST)

Answers

A. Rising unemployment over many months because it is giving the most negative reaction

A- rising unemployment

Why did the United States want more land from the Native Americans?(1 point) A. for meatpacking B. for cattle C. for oil D. for settlers. Please pick one and don't make up random stuff no explanation needed!!!

Answers

Answer : D

Explanation : I believe it is D because the United States needed more territory to expand for the settlers that already lived there

The United States wanted more land from Native Americans in order to make settlements for settlers.

Who are Native Americans?

Native Americans are the Indigenous peoples of the mainland United States, including Indigenous peoples of Hawaii, Alaska, and territories of the United States. They are known by other terms like American Indians, First Americans, Indigenous Americans etc.

The United States wanted more land from the Native Americans in order to settle its growing population, as well as the people coming from Europe to settle there.

Europeans had heard a lot of the new world i.e. the United States of America and wanted to settle there. So, they were moving to the United States of America in droves.

The United States of America also wanted its people, i.e. with whom it had an affinity or felt affiliated with, to populate the land. Thus, it forced the native indigenous population out of its land and gave that land to the settlers.

Hence, Option (D) is correct.

Learn more about Native Americans here:

https://brainly.com/question/8678061

#SPJ2

HELP PLEASE!
Based on the map, where did Buddhism spread from into Afghanistan?

Answers

Answer:

India

Explanation:

As you can see in the map, Buddhism started from India and spread to other countries. Those countries then spread it to other countries and so on. But if you look at the arrows, you can see that Buddhism came directly from India to Afghanistan.

Hope this helped!

Answer:

C. India

Explanation:

GOT IT RIGHT HOPE IT HELPS!!

PLs help.......................

Answers

Answer:

how do I need help pls answer

Please help me with this civics ting

Answers

Answer:

I think it's C I'm not sure

what are 3 things you can learn about ancient rome

Answers

Answer:

1. You can learn about why their tombstones were put outside in the grounds people walk on.

2. You can most definitely learn the language, it's not that hard I promise.

3. You can learn about architects, and what happened to Rome before it was rebuilt.

Explanation:

Can I get brainliest please, and thank you.

Answer:

1. You can learn about why their tombstones were put outside in the grounds people walk on.

2. You can most definitely learn the language, it's not that hard I promise.

3. You can learn about architects, and what happened to Rome before it was rebuilt.

Explanation:

What were the goals of the American Indian Movement?

Answers

Its goals eventually encompassed the entire spectrum of Indian demands—economic independence, revitalization of traditional culture, protection of legal rights, and, most especially, autonomy over tribal areas and the restoration of lands that they believed had been illegally seized.

What conclusion can be drawn about the US economy as a whole between 2006 and 2009?
A. It remained level.
B.It declined steadily.
C.It wavered in growth.
D.It rose from a downturn.

Answers

Answer:

A. It remained Level

Explanation:

I believe your answer is C.

Looking at charts, we can see that the economy from 06-08, goes up, then drops a little.

how can we reduce wildfires ( 10 sentences)

Answers

Okay I’m done water down the street from the store and then I’m going downhill again so fast and I see how it turned down fast enough

There are many steps we can take to reduce wildfires. First off we can be safe when we are camping, by keeping a bucket of water nearby and always putting out our campfire when we are not around. Second we can work on pollution. By decreasing our emissions we are lessening the effects of global warming therefore making fires less frequent. Third is to keep flammable objects away from fire. Fourth is to never throw cigarretes out of your car. Not only is this littering but it can light up grass and actually cause a wildfire to start. Fifth is to be responsible when using things like fireworks, or other explosives. When used in the incorrect way these things can easily become dangerous and cause fires. It is seen on the news often when baby gender reveals go awry. These are five steps that you can take to reduce wildfires.

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Use appropriate property and find -1/64/7+1/2-3/71/6 Night writing prompt questionAs his father lies dying, Eliezer is given some advice by a veteran prisoner. the advice: you cannot help your father, so forget about him. in the camp, "it's every man for himself, and you cannot think of others." relatives and friends do not exist because each prisoner lives and dies alone. he suggests that Eliezer keep his fathers ration for himself as he needs it more. in your opinion, did elie make the correct decision? Mandy drove 206 miles from Newcastle to Birmingham and stayed overnight at ahotel costing 45. She then travelled 117 miles to London and stopped in anotherhotel costing 68. From London, she drove 282 miles back to Newcastle. How manymiles in total did she drive, and what was the total cost of her accommodation? Which sentences are punctuated correctly? Check all that apply. Jadens favorite fruits are: bananas, apples, and grapes. 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An electric guitar costs $830, with a $225 full-replacement warranty. if the manufacturer sells 532,475 warranties and has to honor 12% of them, how much profit did the manufacturer gain from the warranties? a. $105,430,050 b. $66,772,365 c. $53,034,510 d. $508,726,615 Need help?!?!?!?!?!?!?!?!? A Ferris wheel has a radius of 80 feet. Two particular cars are located such that the central angle between them is 165. To the nearest tenth, what is the length of the intercepted arc between those two cars on the Ferris wheel? The Earth is currently experiencing the sixth mass extinction event. Conservation efforts attempt to identify and focus on the species most at risk of going extinct. Which characteristics make species more vulnerable to extinction What was the median temperature of the pond? You are designing a triangular pennant for your school. If you have only 117 square inches of fabric and you want the pennant, when suspended from its base, to hang down 18 inches, what must the length of thebase be? Read the excerpt from The Odyssey.Now Zeus the lord of cloud roused in the northa storm against the ships, and driving veilsof squall moved down like night on land and sea.The bows went plunging at the gust; sailscracked and lashed out strips in the big wind.We saw death in that fury, dropped the yards,unshipped the oars, and pulled for the nearest lee:then two long days and nights we lay offshoreworn out and sick at heart, tasting our grief,until a third Dawn came with ringlets shining.02:46:41What does this excerpt most suggest about the beliefsof the ancient Greeks?O They believed that nature's strength was whollyuncontrollable.O They believed that nature's wrath could never beovercome.O They believed that the gods were frequently unfair intheir actions.O They believed that the gods often punished people foracting badly. In general, when market expectations indicate a non-credible peg, or when the costs of the peg are not greater than the benefits of pegging, what will be the equilibrium situation Louis bought a giant sub sandwich for the party. He wants to cut into 6-inch sections. If the sandwich is 18.25 feet, how many sections can he cut? Solve with steps pls