Answer:
Laticia has decided to use <u>the elimination by aspects</u> method for selecting her new apartment.
Explanation:
Elimination by aspects is a method of decision making. This method of decision making is used when the decision maker has multiple options to chose from. The elimination by aspects method, includes checking the various available options for the desired attributes and features and eliminating the options which do not meet the set criteria, until one option is left, which has all the desired qualities.
Therefore,<u> Laticia has decided to use the elimination by aspects method for selecting her new apartment.</u>
C appeal to a higher court for a new trail
Answer:
B. universalizing religion
Explanation:
Universalizing religions such as Christianity and Islam attempt to appeal to people all over the world. As opposed to ethnic religion which appeals to a group of people usually living in one place. Ethnic religions are often distinguished from universal religions which are not limited in ethnic, national, or racial scope.
When markets fail to clear and achieve their final equilibrium point, they are said to be in disequilibrium. Disequilibrium might develop if the price was lower than the market equilibrium price, causing demand to exceed supply, resulting in a shortage. Government regulations, non-profit maximization actions, and 'sticky' prices can all cause disequilibrium. The demand (Q1) is greater than the supply (P1) at a price of P1 (Q3). As consumers try to get the limited supply, this disequilibrium will result in a shortage (Q1-Q3) and long lines. In a free market, you'd expect businesses to deal with this imbalance by raising prices to ration demand.
Causes of disequilibrium
- Sticky prices: Firms may be committed to maintaining the same price for the entire year. As a result, if demand rises over the season, there will be a shortage because the company does not want to continuously changing pricing — especially when demand is erratic. There are menu costs in adjusting pricing, but they can also upset customers by raising prices constantly.
- Social factors: Firms may intentionally keep prices low because they believe they have an obligation to the community - for example, landlords not raising rent, or football teams not raising ticket costs.
- Non-profit maximizing decisions: Individuals are assumed to be rational and endeavor to maximize utility in economics. Other forces, though, are at play in the real world. Ub3r, for example, uses 'surge pricing,' which allows the price to climb in response to high demand, encouraging more drivers to work. However, this might mean that in the event of a natural disaster, Uber appears to be profiting from 'unfairly high' costs. Uber's algorithms have been adjusted to override these equilibrium prices.
- Government controls: ex maximum or minimum prices or government regulating prices, ex train tickets limited by rail regulators.
<h2>
Price above equilibrium</h2>
In other circumstances, the price may be set higher than the equilibrium price, resulting in a surplus of supply. At P2, supply exceeds demand, implying that businesses have surplus inventory they can't sell. There is a Q3-Q2 surplus. In a free market, the market price should fall to P1, where demand equals supply.
