Answer:
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Explanation:
The market price of an asset or service is determined by the forces of supply and demand. The price at which quantity supplied equals quantity demanded is the market price. The market price is used to calculate consumer and economic surplus. ... Economic surplus is the sum total of consumer surplus and producer surplus.
Explanation:
The Sherman Antitrust Act is the first measure passed by the U.S. Congress to prohibit trusts, monopolies, and cartels. The Act's purpose was to promote economic fairness and competitiveness and to regulate interstate commerce. It was proposed, and passed, in 1890 by Ohio Senator John Sherman.
Answer:
Option b=> three times the annual cost of a thrifty food budget for an urban family of four.
Explanation:
In the United States of America or any country in the world, there is a need for the government to know the poverty line of citizens in the country so as to know how to prepare or create something to reduce the rate of poverty in the country.
The term "poverty line'' is also referred to as poverty threshold. The poverty line shows the point or level of income that one has to have in order to cater for their need because people that falls below the
poverty line find it difficult to cater for their needs.
"The poverty line is defined as three times the annual cost of a thrifty food budget for an urban family of four.''
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The answer is B GDP has declined for 2 consecutive quarters
