It is false that many state governments claim a shortage of funds because there are unmet needs. It is false because of scarcity. Scarcity is a result from unlimited wants coupled with limited resources.
Answer: the correct answer is Alternative D. The excerpt enlicits many times how unnecessary it is to fight for a situation that is settled and that won't change the living standarts of workers for best. It even says that <u>the social reform would turn those standarts to what they were in colonial times</u>. Analyzing those opinions, it is possible to conclude that alternative D is the one that best summons what is said.
Answer: The explanation are as follows:
Explanation:
(A) If small automobiles become more fashionable then this will attract the consumers attention towards small automobiles. So, this will increase the demand for the small automobiles.
(B) If the price of large automobiles rises and the price of small automobiles remains the same. They both are substitute goods. So, the demand for small automobiles increases as the price of its substitute goods increases.
(C) If small automobiles are inferior good and there is reduction in the income of consumers. This will increase the demand for small automobiles as the income of the consumers decreases.
(D) If consumers anticipate that the price of small autos will greatly come down in the near future then they stop buying small automobiles today. So, the demand for small automobiles decreases because consumers waiting for the lower price in the near future.
(E) Gasoline and small automobiles are complementary goods, therefore, if the price of gasoline substantially drops, as a result demand for small automobiles increases.
Answer:
The correct answer is $2,050,000
Explanation:
In 2017, Sunrise City signed a contract in the amount of $8,000,000 for the construction of a new city hall. Expenditures were $4,000,000 in 2017 <u>and $2,050,000 in </u><u>2018</u>
$2,050,000 should be added to capital assets in the governmental activities accounts in 2018
Answer:
94% and 2934
Explanation:
The computation of the four-firm concentration ratio for this industry is
= (Total four firms market shares in an industry ) ÷ (Total firm market shares in an industry)
= (45% + 22% + 17% + 10%) ÷ (45% + 22% + 17% + 10% + 6%)
= 94% ÷ 100%
= 94%
Now the Herfindahl Index is the sum of square of all firm market share
= 45^2 + 22^2 + 17^2 + 10^2 + 6^2
= 2934
