Answer:
Article I describes the design of the legislative branch of US Government -- the Congress. Important ideas include the separation of powers between branches of government (checks and balances), the election of Senators and Representatives, the process by which laws are made, and the powers that Congress has.
The market demand for milk and country X is 18 billion gallons per month but the supply is 10 billion gallons per month. What must happen in order to achieve market equilibrium?
To eliminate the shortage and reach equilibrium, the supply of milk must increase to meet the demand. Therefore, the correct option is A. "The monthly supply of milk must increase by 8 billion gallons".
Increasing the supply will involve producing and providing more milk to the market. In order to achieve market equilibrium in Country X, where the market demand for milk is 18 billion gallons per month, and the supply is currently 10 billion gallons per month, the monthly supply of milk must increase.
Market equilibrium occurs when the quantity demanded by consumers equals the quantity supplied by producers. In this case, the quantity demanded is 18 billion gallons, but the quantity supplied is only 10 billion gallons. This indicates a shortage in the market.
By increasing the monthly supply by 8 billion gallons, the total supply would then match the demand of 18 billion gallons. This would result in a balanced market, where buyers can purchase the quantity of milk they desire, and producers can sell their entire supply. Therefore, the correct answer is option A.
The Question was Incomplete, Find the full content below :
The market demand for milk in Country X is 18 billion gallons per month, but the supply is 10 billion gallons per month. What must happen in
order to achieve market equilibrium?
ОА The monthly supply of milk must increase by 8 billion gallons.
OB. The monthly supply of milk must decrease by 28 billion gallons.
OC. The monthly supply of milk must decrease by 8 billion gallons.
OD. The monthly supply of milk must increase by 28 billion gallons.
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