Law High School

The market demand for milk and country X is 18 billion gallons per month but the supply is 10 billion gallons per month. What must happen in order to achieve market equilibrium?

Answers

Answer 1

To eliminate the shortage and reach equilibrium, the supply of milk must increase to meet the demand. Therefore, the correct option is A. "The monthly supply of milk must increase by 8 billion gallons".

Increasing the supply will involve producing and providing more milk to the market. In order to achieve market equilibrium in Country X, where the market demand for milk is 18 billion gallons per month, and the supply is currently 10 billion gallons per month, the monthly supply of milk must increase.

Market equilibrium occurs when the quantity demanded by consumers equals the quantity supplied by producers. In this case, the quantity demanded is 18 billion gallons, but the quantity supplied is only 10 billion gallons. This indicates a shortage in the market.

By increasing the monthly supply by 8 billion gallons, the total supply would then match the demand of 18 billion gallons. This would result in a balanced market, where buyers can purchase the quantity of milk they desire, and producers can sell their entire supply. Therefore, the correct answer is option A.

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The market demand for milk in Country X is 18 billion gallons per month, but the supply is 10 billion gallons per month. What must happen in

order to achieve market equilibrium?

ОА The monthly supply of milk must increase by 8 billion gallons.

OB. The monthly supply of milk must decrease by 28 billion gallons.

OC. The monthly supply of milk must decrease by 8 billion gallons.

OD. The monthly supply of milk must increase by 28 billion gallons.

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Related Questions

What issues does article 1 of the constitution deal with

Answers

Article 1 of the United States Constitution primarily deals with the legislative branch of the government, outlining the powers, structure, and functioning of Congress. It establishes the framework for the U.S. Congress, which is composed of two chambers: the House of Representatives and the Senate. The key issues addressed in Article 1 include:

1. Section 1: Legislative Powers: This section vests all legislative powers of the federal government in Congress, comprising the House of Representatives and the Senate.

2. Section 2: House of Representatives: This section defines the qualifications and responsibilities of members of the House of Representatives, including the process of election, the apportionment of representatives based on population, and the authority to initiate revenue-related bills.

3. Section 3: The Senate: This section outlines the qualifications and responsibilities of senators, including the process of election and the equal representation of states in the Senate.

4. Section 4: Elections and Meetings: This section grants the states the power to establish the times, places, and manner of congressional elections, while also requiring Congress to meet at least once a year.

5. Section 5: Rules and Procedures: This section grants each chamber of Congress the power to determine its rules, procedures, and discipline for its members.

6. Section 6: Compensation and Privileges: This section establishes the compensation and privileges of members of Congress, including protection from arrest while attending sessions and freedom of speech.

7. Section 7: Legislative Process: This section outlines the process for passing bills into law, including the requirement of bicameral approval and the presidential veto power.

8. Section 8: Powers of Congress: This section enumerates the specific powers of Congress, including the power to collect taxes, regulate commerce, coin money, establish post offices, declare war, and make laws necessary and proper for carrying out its responsibilities.

9. Section 9: Limits on Congress: This section imposes certain limitations on the powers of Congress, such as prohibiting the suspension of the writ of habeas corpus and the enactment of ex post facto laws.

10. Section 10: Limits on States: This section outlines the restrictions placed on the states, including their ability to enter into treaties, coin money, or engage in war without the consent of Congress.

Overall, Article 1 establishes the structure and authority of the legislative branch, defining its powers, responsibilities, and limitations within the framework of the U.S. government.

Answer:

Article I describes the design of the legislative branch of US Government -- the Congress. Important ideas include the separation of powers between branches of government (checks and balances), the election of Senators and Representatives, the process by which laws are made, and the powers that Congress has.



How can public opinion polls impact elections?

Answers

Public opinion polls can impact elections in several ways:

1. Shaping Voter Perceptions: Poll results can influence how voters perceive candidates and issues. Positive or negative polling numbers can create a bandwagon effect, where voters are more likely to support candidates who are perceived as popular or have a higher chance of winning.

2. Influencing Voter Behavior: Polls can affect voter turnout and decisions. If a candidate is shown to be leading by a significant margin, some voters may feel their vote is unnecessary or that the outcome is already determined. On the other hand, close poll results may motivate voters to participate and support their preferred candidate.

3. Guiding Campaign Strategies: Political campaigns often use public opinion polls to shape their strategies. Poll results can inform campaign messaging, advertising, and targeting of specific voter groups. Candidates may adjust their positions or campaign focus based on the issues that resonate with the majority of voters.

4. Media Coverage: Polls can drive media coverage and shape the narrative around an election. News outlets frequently report on poll results, highlighting trends and potential shifts in public opinion. Media coverage can influence public perceptions, sway undecided voters, and contribute to the overall momentum of a campaign.

5. Fundraising and Support: Polls can impact fundraising efforts and support for candidates. Strong polling numbers can attract donors, endorsements, and grassroots support, while weak poll performances may lead to a decline in financial support and backing from influential individuals or organizations.

6. Candidate Viability: Public opinion polls can influence the perceived viability of a candidate. If a candidate consistently polls poorly, it may discourage potential supporters, donors, and party leaders from investing resources in their campaign. Conversely, strong poll performances can bolster a candidate's credibility and attract support.

7. Debate and Issue Focus: Poll results can influence the topics and issues discussed in candidate debates and campaign platforms. Candidates may prioritize or emphasize issues that are popular among voters, as reflected in the polls. This can shape the public discourse and policy priorities during the election.

It is important to note that while public opinion polls can have an impact on elections, they are not infallible and should be interpreted with caution. Polls are snapshots of public opinion at a specific time and can be influenced by factors such as sample selection, question wording, and response biases.
Polls help voters research information about each of the candidates. Polls tell voters the issues that candidates support. Polls identify the top candidates and the media interview those candidates. Polls explain which candidates should win the election.

how did the global movement Black Lives Matter begin

Answers

Answer:

Explanation:

It began as a response to the acquittal of Trayvon Martin's killer, George Zimmerman, in 2013. Trayvon Martin was an unarmed African American teenager who was fatally shot by Zimmerman, a neighborhood watch volunteer, in Sanford, Florida.

Following the acquittal, Alicia Garza, Patrisse Cullors, and Opal Tometi, three activists and organizers, came together and created the hashtag #BlackLivesMatter on social media. The hashtag quickly gained traction and became a rallying cry to raise awareness about systemic racism, police brutality, and the devaluation of black lives.

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