How does price provide information that influences the behavior of consumers and producers in a market?

Price is the amount of money or compensation for a good or service. If a seller of a product or service possess a monopolistic power ( is the only one offering said product or service) that seller is a "price maker". When the price is set through the normal ( supply and demand) the price is thus set, and it is a situation of "price takers". Consumers and producers behaviour are normally influenced by these price settings.

here are some events that to cause increased conflict between the north and south

1) mexican cession- gaining modern day california, utah, arizona, and new mexico from mexico. caused southern and northern politicians to fight over whether or not there would be slavery in these newly acquired territories.

2) uncle tom's cabin- this famous book described the cruelty of slavery in the south during the antebellum period, causing more northerners to support abolition and southerners to resent the book as they felt it unfairly depicted southern society.

3) kansas- nebraska act- disagreements over whether or not kansas and nebraska would be free or slave states caused issues between northern and southern politicians in congress.

4) bleeding kansas- this fighting took place in kansas after congress allowed this territory to vote on whether or not they would have slavery. citizens were killed and buildings were destroyed during this fighting.

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