After Exploring the Atlantic Coast in the Late Sixteenth Century,an

question 39

Multiple Choice

After exploring the Atlantic Coast in the late sixteenth century,an Englishman writes in his journal about untouched wilderness.What could this description mean to a European?

• A) The land was beautiful.
• B) It would take the expedition too much effort to build a settlement.
• C) The Native Americans had protected the land.
• D) The Native Americans never used this area,so the land now belonged to the English.
• E) The Native Americans were actually hiding in tree forts.

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Definitions:

Excess Supply

A condition in the market where the quantity of a good or service supplied is greater than the quantity demanded at the current price.

Price Of Burritos

The amount of money required to purchase one unit of a burrito, determined by factors such as ingredients, preparation costs, and market demand.

Demand Shifts

Changes in consumer desire that lead to an increase or decrease in the quantity demanded at every price point.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices within a given time period.