Answer:
hvdfgnvbh vtfgbvtr vjdfhtrj vnhbrtbh
Explanation:
D) Which is Defaulting on a loan!
Answer:
Price Floor led Excess Supply can be solved by : Preserving goods Buffer Stock ; or processing goods to increase their shelf life (in case of perishable goods like Milk)
Explanation:
Unregulated markets are at equilibrium where : market demand , market supply are equal ; and downward sloping demand curve , upward sloping supply curve intersect.
Price Floor is minimum mandated price set by government, below which a good can't be sold in the market. It is usually set above equilibrium price, to protect interest of sellers. Example : Minimum Support Price as minimum agricultural goods price to protect interest of farmers, Given Milk Price floor case.
Price Floor creates artificially higher prices ; so increases supply, decreases supply & hence creates Excess Supply. Government can solve this excess supply by preserving stock supply for contingent times , eg - maintaining buffer stock. If the good is of perishable nature, as given milk case : it should be processed further to increase its shelf life, eg - cheese, such that the stock supply can be released at a slower pace.
Answer:
E) a, b, and c are possible.
Explanation:
Consumer has different interests, thus they may prefer either Bundle A with same volume of CD or DVDs or bundle B with more DVDs or even neither of any.
Answer:
B
Explanation:
Bid rotation is when contractors collude and take turns in winning a bid. Colluding contractors submit bids but take turns being the low bidder.
Bid-tailoring is when an employee in collusion with a contractor tailors bid specifications to give an unfair advantage to a certain contractor.
Complementary bids are bids intended only to give the appearance of a genuine bid. Colluding bidders submit higher priced or deliberately defective bids to in order to ensure the selection of the designated winner at inflated prices.
Phantom bids are fake bids
