Suppose the price of gasoline is $1.00. Will the quantity demanded be lower or higher than at the equilibrium price of $1.40 per gallon? Will the quantity supplied be lower or higher? Is there a shortage or a surplus in the market? If so, of how much?

Answers

Answer 1

Answer: Quantity supplied will be lower.

There'll be a shortage in the market.

Explanation:

The supply of a good or service had to do with the amount of that good that customers or consumers will buy from the person selling the good at a certain price and time.

In this case, since the equilibrium price is $1.40 and the price of gasoline is $1.00, this means that there'll be an increase in the quantity demanded but suppliers will supply less due to the fall in price. Since quantity supplied will be lower than quantity demanded, there'll be a shortage in the market.


Related Questions

Not all citizens of Georgia favored session, like Alexander Stephens, many voiced concerns over leaving the Union. Of the choices below, which group would most likely favor remaining with the Union and Northern states.

Group of answer choices

A. Military trained officers of the Army

B. Georgian's in northern counties or poor farmers

C. Wealthy plantation owners

Answers

Georgeians In northern I think

Answer:

dont listen to black in taking the same quiz and that isnt an answer

Explanation:

the quiz

what were two things that were wrong with the articles of confederation​

Answers

Answer:

Wassup ExTrA!

Explanation:

The weakness of the Articles of Confederation was that Congress was not strong enough to enforce laws or raise taxes, making it difficult for the new nation to repay their debts from the Revolutionary War. There was no executive and no judiciary, two of the three branches of government we have today to act as a system of checks and balances.

hope this helps!!

~ExTrAaaaa ;D

0 points
Settlers in Texas disliked the Mexican system of government. To deal with
their concerns and give them a stronger voice, the Mexican government
created departments. *

Answers

Answer:

wow what does this mean

26. 1st Amendment
27. Anti-Federalist
28. Declaration of Independence
29. Representation
30. Government
A. This Amendment says that anyone
accused of a crime is innocent until
proven guilty
B. Believed all governments are evil, and the
only proper government is one of and by
the people
C. The powers of the government are
limited.
D. a type of government in which the power
is divided between the
national government and state
government.
E. The division of the government into 3
distinct branches with their own
responsibilities.
F. "Power to the People"
G. This Amendment protects several basic
freedoms.
H. Agreed with and supported the
31. Checks and Balance
32. 4th Amendment
33. John Locke
34. Limited Government
35. Popular Sovereignty
©2020 Illuminate Education, Inc.

Answers

Answer:

Explanation:

A.)11th amendment

B.) Declaration of Independece

C.) Anti-Federlists

D.)Popular Sovereignty

E.) Checks and Balances

F.) John Locke

G.)1st Amendment

H.)Federalists.

4th amendment.)The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

Representation.)the action of speaking or acting on behalf of someone or the state of being so represented.

Government.) the political direction and control exercised over the actions of the members, citizens, or inhabitants of communities, societies, and states; direction of the affairs of a state, community, etc.; political administration: Government is necessary to the existence of civilized society.

Limited government.)The U.S. Constitution achieved limited government through a separation of powers: "horizontal" separation of powers distributed power among branches of government (the legislature, the executive, and the judiciary, each of which provide a check on the powers of the other); "vertical" separation of powers (federalism) ...

Heyyyy I hope this helps I don't think you got everything in the picture, but I tried to help as much as possible!!!

write the three function of legistative?

Answers

Answer:

representation, lawmaking, and balancing the power of the executive

Explanation:

In what two situations may a monk receive more then normal amount of food?

Answers

Answer:

1. If they are bringing food to other monks

2. If they are feeding people in need

Explanation:

if they are providing other monks with food if they are giving needy folks food. People who live in a monastery and have given up all of their free time to devote their lives to God are known as monks.

Why does a monk receive more than a normal amount of food?

They worship God, live simply, practice meditation, and complete their tasks alone. They forage for food from members of the community while wandering about and eating extremely basic fare.

Additionally, the populace supports the monks in every way by giving them anything they can.

Therefore, although the food they get is very poor, once monks are ill, people frequently visit monasteries and offer additional food to keep the monks fed until they are well enough, typically, they eat two meals a day.

Learn more about a monk, here:

https://brainly.com/question/13869219

#SPJ6

How did the idea of Manifest Destiny improve the situation of the United States?

Answers

The philosophy drove 19th-century U.S. territorial expansion and was used to justify the forced removal of Native Americans and other groups from their homes. The rapid expansion of the United States intensified the issue of slavery as new states were added to the Union, leading to the outbreak of the Civil War

Which archaeological source gives us the information about the Neolithic life of the people in the UAE at the site of Jebel Buhais?Immersive Reader (1 Point) a) A large granary b) Strong fortified houses c) A large cemetery d) Remains of huge hut settlements.

Answers

Answer:

Large Granary ( A )

Explanation:

The archaeological source that gives us the information about the Neolithic life of the people in the UAE at the site of Jebel Buhais is:  A large granary.

The Neolithic life was the last phase of the stone age, During the Neolithic life period many developments in Agriculture occurred in the Near east and Large Granaries were as well built for the storage of grains, also there were various improvements in pottery as well and other phases of pre-historic life

Answer:

A......................

what if boy A and boy B pull the heavy cabinet at the same time in opposite directions with 10 N and 5 N of force respectively

1. what will be the net force on the cabinet? _____________
2. will the cabinet move? __________
3. to what direction will it move? _______

Answers

1. 5N
2. Yes
3. Towards boy A (the one pulling with 10 N)

when was the first president made? president

Answers

Answer:

April 30, 1789

Explanation:

On April 30, 1789, George Washington, standing on the balcony of Federal Hall on Wall Street in New York, took his oath of office as the first President of the United States.

Answer:

April 30, 1789

Explanation:

what is government ​

Answers

a small group of persons holding simultaneously the principal political executive offices of a nation or other political unit and being responsible for the direction and supervision of public affairs

What was a natural resource that gained South Carolina economic prosperity?
beaver pelts used for trading
deerskins using for trading
waterways for navigation
fertile land for growing crops

Answers

Answer:

fertile land for growing crops

Answer:

beaver pelts used for trading

Explanation:

I had it on my quiz and got it right!!

Help me plzzz i NEED HELP WITH THIS !!! ASAP!!

Answers

I believe it is C I’m not super sure

Why did Georgia begin to thrive as a royal Colony

Answers

Answer:

Georgia became a royal colony in 1752. The trustees were unable to establish self-government and gave up before the 21 year charter had expired. Freemen were given the right to vote (unless they were Roman Catholics) and the people elected an assembly. The governor was appointed by the king.

Based on the source, which statement best summarizes the author’s intentions for the settlement of the
Massachusetts Bay Colony?

Answers

Answer:

Explanation:

Can we the statements?

Democracy came to Greece by means of which of the following? Select all that apply.

a man named Aristotle who established the first school of thought
nobles kicking out corrupt monarchs
tyrants striving for land and jobs for the needy
oligarchs who ushered in the right to vote
a statesman named Solon who made laws prohibited the enslavement of debtors
the leadership of Cleisthenes who presented a constitution in 508

Answers

Answer:

Correct answers are

nobles kicking out corrupt monarchs

oligarchs who ushered in the right to vote

a statesman named Solon who made laws prohibited the enslavement of debtors

the leadership of Cleisthenes who presented a constitution in 508

Explanation:

First option is not correct as Aristotle lived in 4th Century BC and many philosophers before him discussed about democracy.

Third option is also wrong because tyrants, like Pisistratus wanted to control the whole society on their own.

Other options are correct and related to Ancient Athens. Both Solon and Cleisthenes made important reforms which led to development of democracy in Athens. Oligarchs, a small group of wealthy Athenians were also supporting  spreading of democracy in that city-state, while Athenians forbade monarchy after the death of last king Codrus.


What statement best describes the neighborhood in this photograph?

It features a number of buildings that reflect
Spanish influence.

Most of its buildings reflect the influence of French style and customs.

It has surprisingly little French or Spanish influence.

It includes some French influence, but is mostly
done in a British style

Answers

Answer:

B

Explanation:

How was the Reconquista related to the Spanish Inquisition?

Answers

Answer:

it is reconquista is Re conquering in spanish so yes

Happy to help, brainliest answer wouldnt hurt, right?

Answer:

the reconquista and the inquisition are two very important events that happened in the middle ages. the inquisition was when the catholic church officials tortured jews and muslims to convert to christianity. the reconquista was when the people from Spain and Portugal united to take back their land from the muslims.

How do scientists communicate the proven results of their experiments?
A.
They inform only the scientists they work with directly.
B.
They write a blog post about the experiment.
C.
They inform journalists so that it is distributed in the media.
D.
They publish the results in a scientific journal.

Answers

Answer: D.  They publish the results in a scientific journal.

Explanation: Scientists convey the proven findings of their research by publishing research in a scientific journal. These journals are efficient ways for sharing scientific data and they are published regularly.

Which colony did Roger Williams found?
O Connecticut
O Massachusetts
O Rhode Island
O New Hampshire
HURRY

Answers

Answer:

Roger Williams founded Rhode Island.

Explanation:

I need to pick up a cockapoo

Answers

if you don’t have a question then don’t post.

Alayna wasn't paying attention and backed into the refrigerator. She immediately turned
around, patted the refrigerator door, and said "I'm sorry." This is an example of:
egocentrism.
conservation.
animism.
kineticism.

Answers

Answer:

I believe this is an example of animism.

Explanation:

Animism is the belief that inanimate objects or animals have souls.

Which article or group of articles applies the separation of powers in Georgia?
Article I
Articles III-VI and XI
Articles VII-VIII
Articles X-XI

Answers

articles III-VI-XI

Article III of the Georgia Constitution is entitled Legislative Branch. It has ten sections which regulate the legislative branch of government in Georgia.

Answer: B.) Articles III-VI and XI

1 Corinthians 2:9 (((o(*゚▽゚*)o)))

can you help me with my work I am trying my best but I just get bad grades ​

Answers

I dont Know what you mean by Help you but I would just say Focus better on school, Hide yourself in a quiet room and Write notes, screenshot the topic, study what you learnt till you understand and do

Select Asia on the map.

Answers

Answer:select China india Korea or japan

Explanation:

Do you think knowing the difference between truth and opinion is important?

Defend your position.​

Answers

Answer:

yes

Explanation:

truth is the property of sentences, assertions, beliefs, thoughts, or propositions that are said, and an opinion is a view or judgement formed about something, not necessarily based on fact or knowledge. based on the definitions of truth and opinion you realize not every person opinion to a certin matter is true because its just how they view it and think of it when truth is a fact or belief that is accepted as true.

how did the tension between Britain and the colonies lead to war in Massachusetts?​

Answers

Answer:In early 1770 the colonist got into a fued with the britians causing a massacer called The Boston Massacre. it was a deadly riot that occurred on March 5, 1770, on King Street in Boston. It began as a street brawl between American colonists and a lone British soldier, but quickly escalated to a chaotic, bloody slaughter. The conflict energized anti-British sentiment and paved the way for the American Revolution.

WHAT FAMOUS SCIENTIST HELPED "THE MANHATTAN PROJECT" DEVELOP THE FIRST ATOMIC BOMB?
Werner Von Braun
Carl Sagan
Thomas Edison
Albert Einstein​

Answers

Answer: Albert Einstein  I'm 100% sure, he helped because he got mad at the same people therefore albert einstein helped.

hope that helped.

The Commander in Chief for the Fredonian rebel forces was a. Haden Edwards b. Benjamin Edwards C. Colonel José de las Piedras d. Lt. Colonel Mateo Ahumade.​

Answers

Answer:

B

Explanation:

Answer:

it is b

Explanation:

By implementing mercantilism in North America, the English aimed to
O gain cheap access to raw materials and crops.
O trade raw materials and crops to other countries.
O learn from the expertise of American Indians.
O force other colonizing nations out of the region.

Answers

Answer:

The response is Option A: gain cheap access to raw materials and crops.

Explanation:

In the mercantilist system, the governments of the ruling colonial powers, like England, would exact taxes and tariffs and impose other ways of extracting value from the business being conducted both at home in the motherland and in the colonies in order to shore up the wealth of the state. Therefore, the colonies in this system were seen as a source for cheaper, abundant, and assured access to resources like grains, furs, wood, minerals, precious metals, and other resources. At the time the European powers were in a race to balance their powers against each other in the mercantilist system. Spain had amassed great wealth from all the gold and silver it extracted from its colonies in South America and Mexico.  England aimed to build wealth from the colonies it was able to establish in North America.

Answer:

a

Explanation:

Other Questions
PLZZZZZZZZZZZZZZZZ HELP ME i begging YOUUUUU !!!!!!!!!!!!!!!!!!!!!!!!!!!What countries sent the First Explorers?Portugal The Portuguese were the first successful explorers because of their guns and seamanship. With their large cannons, their fleet was able to defeat most ships and armies they came across. Beginning in 1520, Portuguese fleets probing south along the western coast of Africa. There, they discovered a new source of gold. For this reason, the southern coast of West Africa became known as the Gold Coast. The explorer Vasco da Gama sailed around the southern tip of Africa, called the Cape of Good Hope, and cut across the Indian Ocean to reach India. After people heard about de Gamas profits, many more Portuguese sailed the same route to India, setting up posts in Africa along the way. Spain Educated Europeans knew the world was round, but they had no idea of how big it was. The Spanish thought that they could find new routes to India and China by sailing west across the Atlantic Ocean. Christopher Columbus persuaded the king and queen of Spain to pay for his voyage sailing west to reach Asia. With his three ships, Columbus reached the islands of Cuba and Hispaniola (which would later become Dominican Republic and Haiti). As he traveled to most islands in the Caribbean, Columbus thought he had reached Asia. This false belief is why the Europeans called the people they found Indians they thought they were in India. Another important explorer for Spain was Ferdinand Magellan. Magellan succeeded in reaching Asia by sailing west across the Atlantic by going around the southern tip of South American and continuing west across the Pacific Ocean. Magellan reached the Philippines in Asia, where he was killed by local natives. However, one of his ships continued on to Spain, and Magellan is given credit as being the first to sail around the entire world. The Spanish and Portuguese began competing for the territories they found in the New World. Eventually they would sign a treaty, agreeing which lands each country would be allowed to take over. The new lands were given the general name America, after the Italian explorer Amerigo Vespucci. After the success of Spain and Portugal in exploring the Americas, the Dutch, the English, and the French began sending expeditions to find new places to trade in the Americas. The European explorations would change life not only for Europeans, but also for the native peoples of South America, North America, and Africans as well.7. In the chart below, list the two European nations that sent the first explorers, which explorers they sent, and what lands they explored. EUROPEAN NATIONEXPLORERSLANDS EXPLORED8. What continent did Vasco da Gama sail around to get to India?9. What islands did Christopher Columbus reach first?10. Why did he call the people he met Indians? 11. Where did the name America come from?12. What countries began sending ships to the Americas after Spain and Portugal?13. Who would be affected by these expeditions besides Europeans?DOCUMENT-BASED QUESTIONS WOULD YOU HAVE BEEN AN EXPLOER IN THE 16TH CENTURY?Document 1The following account comes from a sailor aboard the voyage of Magellan, who sailed around the worldWe remained the final three months and twenty days without taking in provisions or other refreshments and ate only old biscuits that had been reduced to powder, full of grub sand stinking from the dirt that the rats had made on it. We drank water that was yellow and stinking. We also ate the ox hides from the main sails which we softened by soaking it in seawater for several days. On our return to Spain, however, the royal family, as well as the people, hailed us as the bravest and most daring sailors the world had ever known. Everyone came to know the voyages of Magellan.14. Explain some problems that Magellans expedition faced: 15. Explain one positive result of Magellans voyage:WRAP-UP QUESTIONS1. What were the reasons why Europeans explorers sailed to unknown parts of the world in the 16th century? 2. What were they hoping to find? Did they find it? Why or Why not? 3. Prediction: What do you think these voyages would mean for people in the Americas? Explain why you think this. Which cabinet department would have this statement describing their mission? Identify biological changes that occurs to a human persons Iris has an investment worth $8,813. She made her only deposit in it seven years ago. Given that the investment yields3.7% simple interest annually, how big was the initial deposit?a $1,806b. $2,282C. $4,095d. $7,000Please select the best answer from the choices providedOD The isotope Np-238 has a half life of 2.0 days if 96 grams of it were present on Monday how much will remain six days later why does water affect temperature in some regions Can someone help me? What is the absolute value of -2/3??? PLEASE HELP! What was the porpose of the Continental Congress? write 3.72* 10 power of -2 in standard form 4 A Math (CO) / Module 24. Jaclyn has a piano lesson every 7th day. She has a flute lesson every 14th day. What are the first 2 days she will have both lessons on the same day?O 14th day, 30th dayO 14th day and 28th dayO 28th day, 42nd dayO 7th day, 14th day In plants, the root tip cells are in a continuous process of cell division. These cells require more energy compared to the other root cells. Which cell structure in root tip cells provides this energy? A. Chloroplast B. Nucleus C. Vacuous D. Mitochondria CHARITY Janet is walking 20 laps of a track in arelay to raise money for cancer research. If each lapis 350 meters, how many miles will Janet walk?(Hint: 1 meter 1.094 yards and 1 mile = 1760 yards) Read the excerpt from "A Century Ride."It seemed to coax her, to whisper of the long, lonelystretch ahead, of the Indians in their tepees, in thehollow; of a host of vague and nameless terrors; ofhow lonely and weary and defenseless she was, onthat vast plain, twenty-five miles-twenty-five miles-and the half-way house flashed past and was soon leftfar behind!Which word in the excerpt helps the reader todetermine the meaning of "vague"?whisperlonelyOnamelessO far Why do you think the caste system still has influence in the India today ? Select the words for the number.10.205 Postreading strategies are used1)before reading a text.2)when reading for specific information.3)when reading for general meaning.4)after reading a text. What was one of the leading causes ofthe French Revolution?Explain. Manuel has $270 in a savings account. Each week for 5 weeks, he takes out $60 for spending money. Write and find the value of an expression that shows the change in his account at the end of 5 weeks.Use parentheses for multiplication.Expression: Answer: How can some thing as massive as a Pacific plate move