Hello Chessy R,
The answer is C profit. Business want to make as much money as possible.
Hope this helped..
The correct answer is the following.
A) Tax credits were offered for expenditures on home insulation. Affected the demand by decreasing it and the price decrease.
B) The Alaskan oil pipeline was completed. Affect the increase of supply and the price and the price decreases.
C) The ceiling on the price of oil was removed. Affect the decrease in demand and the price varies.
D) Oil was discovered in the North Sea. Affect the supply by increasing it and the price decreases.
E) Sport utility vehicles and minivans became popular. Affect the increase of the demand and the price increases.
F) The use of nuclear power decreased. Affect the increase of the demand and the price increases.
Many variables affect the price of oil. International prices are modified constantly and countries should have their provisions in order to prevent drastic changes to their economies due to the fluctuation of international oil practices. The important thing to consider is that not only economic factors affect the price of oil, but also political factors.
Answer: An absolute minimum occurs at the x value where the function is the smallest, while a local minimum occurs at an x value if the function is smaller there than points around it (i.e. an open interval around it)
Answer:
$877.30
Explanation:
The cost of one table is $762.87
mark-up is 15% based on the selling price
If mark-up is 15%, then selling price will be 115 % of the cost.
Cost = $762. 87
$762.87 = 100 %
115% =762.87/100 x 115
=7.6287 x 115
=877.30
selling price will $877.30
Result of active fiscal policy : there may be stimulation of the economy in the short run, but there will be harmful effects to the economy in the long run.
Explanation:
Active fiscal policy implies that Congress and the President are actively attempting to shift the trajectory of the economy by adjustments in taxes and/or government expenditure.
In an open market, monetary policy often influences the rate of exchange and trade balance.
Moreover, in the long term, the development of international debt, which stems from large government expenditures, can lead investors to mistrust US assets which may trigger the exchange rate to fall.