Which economic principle can be seen at work in the success of merchants such as levi strauss during the california gold rush? a. supply and demand b. balance of payments c. mergers and acquisitions d. division of labor

The correct answer for the question that is being presented above is this one: "C.mergers and acquisitions." The economic principle can be seen at work in the success of merchants such as Levi Strauss during the California Gold Rush is that of mergers and acquisitions

The economic principle that is most observable in the success of merchants such as Levi Strauss was the supply and demand principle - a.

The reason for this was that he was looking for gold at a time where it was limited and where a lot of people wanted to have gold but weren't willing to go and look for it in the wilderness for example.