1) what is this graph showing us? Explain using your best economic, academic language. 2) which line is the Supply line and which one is the demand?
3) at what price is the EQUILIBRIUM? explain how you know
4) Based on what is happening here, explain the law of demand and the law of supply? in other words, use what is happening in the graph to explain what happens to each based on price.

The technique of getting a commitment from a potential customer and then changing the terms of the agreement is best described as low-balling. cognitive dissonance. reciprocal concession. the foot-in-the-door technique. a half-dozen high school students are going to a concert. chantal wants to wear a new colorful outfit that she just received as a gift, but she assumes that her five friends will all be wearing nothing but black leather. chantal decides to do likewise, and leaves her colorful outfit in the closet. chantal’s behavior is an example of conformity. resistance. reciprocation wariness. idiosyncrasy credits.

Aregion home to ancient civilization

How did china's location impact trade and its development?