Answer: c. rightward shift of a demand curve.
Explanation:
When there is movement along the demand curve, this is due to a change in the price of the good.
However, an increase in demand is noted by a rightward shift in the Demand curve. This is to signify that the demand has changed even though the price had remained the same. This shift is meant to signify that something else apart from price has caused an increase in demand such as an increase in income. After the shift, the price will have to change to reflect a new Equilibrium which will be the new intersection point with the Supply Curve.
I have attached a graph showing what happens when Quantity Demand increases.
The statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
<h3>What is Economic growth?</h3>
Economic growth is used when a country performs better than the previous years in terms of it economy.
The country may have an increase the in quantity if goods supplied ands demanded that year compare to other years thereby increasing the money in.
Therefore, the statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
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Answer:
The probability of getting paid more than $6500 in 100 weeks is 0.6%
Explanation:
In this problem, we need to define a probabilty distribution for the money earned.
The 100-week payoff can be expressed as
Being L the numbers of weeks we have low pay and H the weeks we have high pay.
Now, as it is a coin flip, H is a binomial random variable with p=0.5 and n=100
For a total pay off of more than 6500, H has to be
That means that in at least 63 of the 100 weeks we have to get a high pay.
If we compute the individual probabilities we get P(H≥63)=0.006 or 0.6%.
The relative size and typical employment of the marine expeditionary force are:
- MEF -Largest size of 20k-90k or about 62,000 Marines.
- MEB - Medium size of 3K-20K that is about 14,500 Marines.
- MEU - about 2,200 marines
<h3>What is the relative size in typical employment of the Marine Expeditionary Brigade?</h3>
A Marine expeditionary brigade (MEB) is known to be a kind of a formation that is said to belong to the United States Marine Corps.
The Marine air-ground task force is known to be one that has approximately about 14,500 Marines and also made up of sailors that are known to be constructed around a kind of reinforced infantry regiment.
It is said to be made up of composite Marine aircraft group, a combat logistics regiment and also an MEB command group.
Therefore, The relative size and typical employment of the marine expeditionary force are:
- MEF -Largest size of 20k-90k or about 62,000 Marines.
- MEB - Medium size of 3K-20K that is about 14,500 Marines.
- MEU - about 2,200 marines
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The answer to the first part of the question is Technological (A), and part 2 is Outweigh (B)
