Recent rains increase the demand for kayaks, as paddlers want to take advantage of the exciting river conditions on the oconee river. new plastics technology makes kayaks less expensive to make. as a result, one should expect: -equilibrium price to rise, but equilibrium quantity to be indeterminate from the information given.-equilibrium price to fall, but equilibrium quantity to be indeterminate from the information given.-equilibrium price to be indeterminate from the information given, but equilibrium quantity to rise.-equilibrium price to be indeterminate from the information given, but equilibrium quantity to fall.

Equilibrium price to be indeterminate from the information given, but equilibrium quantity to rise.

Explanation:

In a perfectly competitive market, supply and demand work toghether to determine prices and quantities.

The interaction generates three scenarios, equilibrium, shortage and surplus.

The equilibriun point is the one at which quantity supply equals the quantity demanded. Price in equilibrium is the equilibrium price and the quantity in equilibrium is the equilibrium quantity.

When prices are set above or below the equilibrium price, desequilibrium occurs and results in shortage or surpluses.

In the law of demand, there are two scenarios. High prices means low quantities demanded. And low prices means high quantities demanded.

One of the reason the demand curve could shift is the prices of related products:

-Substitutes. products that can be used in place of other products. Increase in price of one increases the demand for other.

-Complements. related goods used toghether. Use of one increases the use of the other.

One of the reason the supply curve could shift are the costs of inputs. If the costs of production increase or decrease will impact supply.

In this case, kayaks and paddlers are substitutes. As the quantity supply of paddlers decrease, the quantity of kayaks will increase.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.