Answer:
I have uploaded the picture with the relevant information below.
Explanation:
We can see in this picture that the market equilibrium is met at a price of $5, thus, $5 is the equilibrium price, because demand and supply are both 125 at this point.
If the govenment sets a price floor of $2, there will be no effect, because the price floor is non-binding.
A non-binding price floor is a minimum price set by the government that is actually lower that the equilibrium market price. In this case, the price of the market will be allowed to go to $5, and reach equilibrium, so the policy osf setting the $2 price floor will have no effect.
High demand in which it is unable to be met so d.<span>demand as consumers try to economize because of the shortage. review</span>
The statement above is TRUE. Compensatory damages are damages that compensate the non-breaching party for loss of bargain; it is usually given to cover direct costs and losses. Because they replace what was lost, they are often said to make the person whole.
Answer:rival in consumption and non- excludable
rival in consumption and excludable
common resource
private good
Explanation:
The fish in the river are considered ___rival in consumption __ and __non-excludable ___ whereas the fish in the private pond are _rival in consumption____ and _excludable____. In other words, the fish in the river are an example of ___common resource__, and the fish in the private pond are an example of ___private good__.
<h2>The given statement is false.</h2>
Explanation:
A CSR is equivalent to any other company but a difference is that a CSR work for Corporate Social Responsibility projects. The company get funds from other companies whose Annual turnover exceeds the limit specified by the Government.
CSR actually helps to eradicate to upgrade skills of under privileged youths, provide training to uncivilized women to enhance their skills and learn on their own, etc.
So CSR should use e-mail, newsletter and stay current on information to update themselves and to promote CSR further.
