At Prices Above the Equilibrium Price, What Occurs

question 449

Essay

At prices above the equilibrium price, what occurs?

---

Definitions:

Satisfied Affiliation Needs

A psychological condition in which an individual's need for social relationships and connections with others is fulfilled.

Chain Migration

A term used in demography to describe the social process by which migrants from a particular town follow others from that town to a particular destination.

Resettlement Agency

An organization that assists refugees and asylum seekers in finding new homes and integrating into new communities.

Refugee Resettlement

The process of finding a new home and providing support services for refugees who cannot return to their home country.