Hi, i need help! Can somone explain this to me <3 According to the laws of supply and demand, if Romans begin to eat more grain and the Egyptians who supply it to them continue to grow the same amount, what will eventually happen? Rome will pay more for the grain, and Egypt will produce more. Rome will pay less for the grain, and Egypt will produce less. Rome will pay less for the grain, and Egypt will produce more. Rome will pay more for the grain, and Egypt will produce less.
@Aly.mac101
i think A?
cuz the more people people want a product they will pay more for it
@Ashleyisakitty
Your right about A but the way you explained it is wrong...
What would be the right way of explaining?
Well look at it this way… If you (Rome payed a farmer (Egypt) $10 for 5 tomatoes and 5 tomatoes only cost $5. And lets say 10 packets of tomato seeds are $10. So If you pay more then the farmer asked then your helping the farmer to get more supplies so he/she could produce more products. (I'm not the best speller)
Ohhh, sounds right i can see that! Thanks for helping ^-^
no problem anytime… sorry about the whole farming thing… it was the first thing that popped to my head..
np
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