Using Economic Concepts: In 2004, the price of U. S. butter imports increased by more than 30 percent compared to the previous year. In 2003, Canada and New Zealand together supplied more than 80 percent of the butter imported into the United States. In 2004, their combined market share decreased to about 67 percent. What happened in the market to cause this change?

How did price serve as a signal and incentive to producers?

A. passes laws and adopts budgets b. resolves disputes among members c. ensures legislation is applied fairly d. represents the eu globally a recent challenge to the european union created by a member state is a. migration b. free trade c. brexit d. the euro which is the most powerful position in the british government? a. the monarch b. the chancellor c. the prime minister d. the president which describes a constitutional monarchy? a. a monarchy in which a king or queen has all the power b. a monarchy in which the people elect the king or queen c. a representative government with a mostly ceremonial ruler d. a representative government with only one set of written laws