All but which ONE of the following statements is true about demand and supply?

a) The intersection point of the two curves is called equilibrium.

b) They are the two sides of each market transaction.

c) A shortage exists at below equilibrium prices.

d) They can shift when their underlying determinants change.

b) They are the two sides of each market transaction.

Explanation:

Actually, there is one more factor that influence market transaction beside supply and demand.

That third factor is called Regulation.

Regulation act as some sort of intermediary that ensure no sides have more power over the other.

For example, government regulation can create price ceiling for every market transaction. Price ceiling set a maximum limit of price that the sellers can impose to their product. This will protect the buyers from being overly exploited.

the answer is solomon northrup. he was a free-born african american, abolitionist and professional violinist that was drugged, kidnapped and sold as slave in 1841 and remained in captivity until 1853 where he regained his freedom with the of the then-governor of new york, washington hunt. he wrote and published his memoirs "twelve years a slave" in 1853, and in this text, he tells the story of his escape thru one of louisiana's swamps (the great pacoudrie swamp) in which he ended up covered in green slime from crossing the surface of the dead water.

answer; (b) knowledge based summaries of our beliefs and feeling about the self in particular domains;