When supplies are limited prices tend to?
What general statement can you make about the supply of fossilfuels given what you know about their formation?
Fossil fuel supplies are limited and not easily replaced. The principle of supply and demand suggests that as hydrocarbon supplies diminish, prices will rise. Therefore higher prices will lead to increased alternative, renewable energy supplies as previously uneconomic sources become sufficiently economical to exploit.
Well, it depends. Some stores will lower some regular prices to entice customers to come to their store for the holiday shopping. They won't lower all the prices though, and often to get the best deals you have to be there early, since "supplies are limited." Some stores won't lower their prices for President's Day at all, both in the US which celebrates it, but also in other countries that don't.
The cost of horse supplies will vary greatly from location to location and even store to store. The easiest and usually cheapest way to purchase equine supplies is through catalogs and online where prices tend to be more stable. Tack however should always be puraches in person to make sure it fits correctly. To completely outfit a horse with grooming supplies, feed, clothing, tack and other items, you can budget a bare minimum of $2,000…
The law of supply and demand helps determine the price of the item because when supplies of goods and services become plentiful, prices tend to drop. When supplies become scarcer, prices tend to rise. More specifically, if I'm selling 10 bananas and only five people want a banana, then I have too many bananas. I will drop my prices to try and get people to buy more bananas. On the other hand, if I have…