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-The above table gives the demand and supply schedules for cat food. If the price is $1.00 per pound of cat food, will there be a shortage, a surplus, or is this price the equilibrium price? If there is a shortage, how much is the shortage? If there is a surplus, how much is the surplus? If $3.00 is the equilibrium price, what is the equilibrium quantity?
Paris Agreement
An international treaty adopted in 2015 aimed at addressing climate change by reducing greenhouse gas emissions and limiting global warming.
Transnational Corporations
Large companies that operate and have assets in more than one country, having a significant influence on global economics and politics.
Collective Resistance
The act of standing together to oppose or challenge authority, policies, or societal norms, often in the context of social movements.
Capitalism
An economic system based on the private ownership of the means of production and their operation for profit.
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