When there are less sellers, the demand curve shifts to the right.
As a result, price increases and quantity decreases.
Explanation:
Say there’s two gas stores. One shuts down. The gas store that is still opened will gain all of the shut down gas store’s business. This means there will be a high demand and the curve shifts right. Because of the high demand, there will be a decrease in goods available (quantity decrease). With limited goods, the gas store will have no choice but to raise the price.
When supplies of goods and service are plentiful, the prices usually drop but when they are scarce, prices start rising.
In a financial service transaction, it is required the customer provides a valid form of photo identification (true), it is not possible to proceed without an identification (false), and the real physical address of the customer is required (true).
A financial service transaction is a service that allows customers to send money or receive money. This service has become quite popular in the last years, and many banks around the world offer it.
Moreover, there are specific rules and protocols for financial transactions as identity theft and fraud are possible. These rules include:
- Asking customers for a valid form of photo identification such as showing their ID to prove the identity of the customer
- Asking the customer for his ID and refusing to continue with the transaction if the ID is not shown or the customer refuses to give necessary information to validate his/her identity
- Asking for the physical address of the customer and not accepting a general address or a post office box address
Based on this, the first statement is true, the second one is false and the third one is true.
Learn more in: brainly.com/question/24730931
Fight for your case. You must have evidence to support what your saying about your situation.
Answer:
It can be very difficult for citizens to start private businesses. Citizens must pay for most basic necessities by themselves. There is no guarantee of steady employment for many citizens. Citizens may pay higher taxes than in other economic systems.
Explanation:
hope i helped