Answer:
The correct answer is a. the equilibrium quantity decreases, and the equilibrium price is unchanged.
Explanation:
A perfectly elastic demand is an extreme case in which quantity demanded falls to zero with any increase in price, and increases to infinity when price drops.
Now we have this relation clear, it is important to notice that the question is introducing a third variable, which is quantity supplied. When supply decreases, the price remains the same, since only at this price consumers buy the good. The only change that ocurred is related to the availability of the product in the market.
In a normal scenario, an elastic demand would respond to this decrease in supply, pushing the price up, since consumers are willing to pay more. But given that we assume that the demand is perfectly elastic, the price remains the same, otherwise demand would fall to zero.
They will be sure whether or not it is safe to go out to sea or stay in shelter.
Answer:Voyeurism
Explanation:Defining voyeurism
Voyeurism refers to an interest or a desire to watch people undress or having sexual activities , without those people knowing that someone is watching them.
A person who has an interest in this is referred to as a voyeur or most commonly referred to as peeping Tom.
The major factor of voyeurism is that those who are being watched are never aware of this usually because they are in their private space where no one thinks someone else might be watching them.
High interest rates charged on credit card balances. Helps banks offset the uplifted rised raised default rates associated with these types of loans.
