Which President Below Created the U.S.Environmental Protection Agency

question 8

Multiple Choice

Which president below created the U.S.Environmental Protection Agency?

• A)Johnson
• B)Reagan
• C)Ford
• D)Carter
• E)Nixon

---

Definitions:

Quantity Supplied

The amount of a good that producers are willing and able to sell at a given price.

Quantity Demanded

Reflects the total amount of a product that consumers are willing to buy at a given price point, during a specified time period.

Competitive Market

A market structure characterized by a large number of small firms, free entry and exit, and a homogeneous product, where no single firm can influence the market price.

Equilibrium

A condition or state in which market supply and demand balance each other, and as a result, prices become stable.