Social Studies High School

What is the term used to describe the way the behavior of buyers and sellers affects the level of prices for goods and services, without government interference?

Answers

Answer 1

Answer:

The term used is "law of supply and demand".

Explanation:

The law of supply and demand is the term used to describe the relationship between buyers and sellers that results in changes in the price of products and services, without government interference.

This law states that when buyers look for the same product in large quantities, it means that there is an increase in demand and a decrease in supply, which makes the price of the product more expensive.

On the other hand, when buyers are looking for a product less, the demand is lower and the supply is higher, causing the price of that product to decrease.

Related Questions

Which of these tribes are not part of the Southeastern group?

Answers

You didn’t give us options..?

Answer:

caddo

Explanation:

How does the creation and evolution of our government make it the way it is today both locally, nationally, and globally?

Answers

Answer:

Sustainable development has been defined in many ways, but the most frequently quoted definition is from Our Common Future, also known as the Brundtland Report: "Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs."

Sustainable development

How would the results be different if the product you were selling were tomatoes or another type of food? How would the results be different if your product were a car or something very expensive to maintain? If you wanted to increase your revenue from sales, would you increase your price or lower it?

Answers

Prices are also very important in maintaining productive efficiency. In the 5Es lecture on Productive efficiency we defined it as producing at a minimum cost. In order to minimize costs, producers must know the prices of the resources. If these resource prices are determined by demand and supply then they will reflect the relative scarcity of the resources and their relative importance (more scarce and important resources will have a higher price) and the economy can achieve productive efficiency. In a capitalist society prices are determined by the interaction of demand and supply. Since prices are so important, we need to better understand how they are determined. why is the price of gasoline $1.59 a gallon. Why does a candy bar cost $0.75? Why is the price of plywood normally $10 a sheet, but $30 a sheet after a hurricane?
For more explanation I will share a picture with you.

Why do people always seek for money instead of wisdom​

Answers

Answer:

to di what they want

Explanation:

to full fill what they wana di

PLEASE HELP ME !
Why were the countries in Europe looking to build an empire?
A.to send unwanted colonists.
B.to settle uncharted territory.
C.to help Christianize other lands.
D.to get raw materials for homeland.

Answers

Answer:

The answer is

Explanation:

C. To help Christianize other lands.

Answer:

D.to get raw materials for homeland.

Explanation:

On what service do local governments spend the most, and how does the state government's role in this service differ from
the local government's role?
d. Education; state governments set standards for schools, but local governments run the schools,
b. Police; the state defines hiring qualifications for new officers, but the local governments do the
c Water and sewer; state governments create the minimum safety standards that local yovernments
are responsible for meeting,
d. Libraries, state governments fund libraries, but local governments determine which books to
include

Answers

Answer:

A.

Education; state governments set standards for schools, but local governments run the schools.

Explanation:

I took a test that had this question and had gotten it correct.

Answer:

A.

Explanation:

Read each statement below and decide if it is a need or a right of a citizen. Write need or right next to the number on your paper.

voting
food
expressing your thoughts
freedom to worship
shelter
fair trial
water
air
run for office
life, liberty, and the pursuit of happiness

Answers

Answer:

Rights: Voting, expressing your thoughts, freedom to worship, fair trial, run for office, life, liberty and the pursuit of happiness.

Needs: Food, shelter, water, air.

Answer:

Explanation:

voting right of citizen

food need

expressing your thoughts  right of citizen

freedom to worship. right of citizen

shelter.  need

fair trial right of citizen

water. need

air. need

run for office. right of citizen

life, liberty, and the pursuit of happiness. right of citizen

will give brainliest. ​

Answers

Coacaine and Morphine can enter the brain centres because they can cross over the brain-blood barrier.

PA? OH? NY? NJ? ANYONEE

Answers

Answer:

nope

Explanation:

TX BABY!!!!!

Answer:

no one

Explanation:

you can chat on ista

_____ fought against Rome in the Punic Wars

Answers

Answer:

Carthage.

Explanation:

Answer:

Carthage

(i had the test)

Read the following scenario and answer the question below.
The president has just vetoed a controversial budget bill passed by Congress last week.
Which role of the president is represented in the scenario?
A head of state

Bchief diplomat

Ccommander-in-chief

Dhead of the executive branch

Answers

Answer:

the third one im pretty sure

The role of the president in the above scenario is head of state. Thus, option (A) is correct.

What is budget?

A budget is a plan of an individual's or corporation's spending and revenue. It is an estimate of net revenue after subtracting all losses and costs for a certain time period. The fresh budget is produced when a specified time has expired.

The president is the person who presides over the assembly meeting. He is the state's first person and the head of state. The president is the official head of state in several republics.

He is also the executive branch's head and the most significant person in the country. The president has the power of veto to reverse the decision of the parliament.  

Therefore, it can be concluded that option (A) is correct.

Learn more about Budget here:

https://brainly.com/question/18803390

#SPJ6

what is goal setting​

Answers

Goal setting involves the development of an action plan designed to motivate and guide a person or group toward a goal.
[1] Goal setting can be guided by goal-setting criteria (or rules) such as SMART criteria.
[2] Goal setting is a major component of personal-development and management literature.
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