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2 years ago

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1 answer:

6 0

The statement "Eventually, when the price of the phone fell to $300, demand for the product increased and profits began to soar." describes an equilibrium in supply and demand.

<h3>What is an equilibrium in supply and demand?</h3>

This refers to a situation whereby there is a balance in market supply and demand balance which as a result prices become stable.

Because there is a fall in phone price made the demand for the product increased and profits began to soar, this is an example of an equilibrium process.

Therefore, the Option C is correct.

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Can you contest a divorce on the very last day?

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You actually can cause it wasn’t far alone in the relationship

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Explanation:

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$C = 9\%-5\% = 4\%$

The answer is C. cyclical unemployment rate is 4 percent.

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3 years ago

Your healthy 63-year-old neighbor is about to retire and comes to you for advice. From talking with her, you find out she was pl

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2 years ago

Country Able and Country Baker initially have the same real GDP per capita. Country Able experiences no economic growth, while C

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Answer:

The correctt answer that fills the gap is Double.

Explanation:

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The use of per capita income as an indicator of wealth or economic stability of a territory makes sense because through its calculation, national income is interrelated (through GDP in a specific period) and the inhabitants of this place.

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3 years ago

Larry comes to your office to file his 2020 tax return and tells you that he never received an Economic Impact Payment (EIP) dur

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Incomplete question. The options:

a. File his 2020 tax return, including the EIP on Form 1040, line 30, and wait for the IRS to fix the mistake.

b. File Form 14039, Identity Theft Affidavit, with the IRS.

c. Contact the Farm Housing Administration.

d. Contact the bank that received the deposit and ask them to redirect the funds to him.

<u>Answer:</u>

<u>a. File his 2020 tax return, including the EIP on Form 1040, line 30, and wait for the IRS to fix the mistake.</u>

<u>Explanation:</u>

True. According to the information found on the IRS website concerning those who were eligible but didn't receive the Economic Impact Payment (EIP) during 2020, they are to fill the 2020 Form 1040 alongside submitting their tax returns for the year 2020.

Hence, Larry simply needs to file his 2020 tax return, including the EIP on Form 1040, line 30, and wait for the IRS to fix the mistake.

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