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4 years ago

There is a shortage of gasoline at one dollar per gallon. The equilibrium price for gasoline is

Social Studies

2 answers:

Angelina_Jolie [31]4 years ago

8 0

The correct answer is C.

At the equilibrium point the market clears. This means that the amount demanded equals the amount supplied and that the desires of the producers and consumers that participate have been fulfilled.

When there is a shortage of gasoline (or excess demand), it means that the amount demanded by consumers at a specific price level is greater than the amount supplied by producers. Therefore, the adjustment mechanism of the market will operate, increasing the amount charged for gasoline, so that less consumers are willing to purchase it at a higher price. Adjustment will continue happening, and prices will continue growing, until the amounts supplied and demanded meet and an equilibrium is reached. Therefore, the equilibrium price for gasoline is greater than one euro per gallon.

san4es73 [151]4 years ago

4 0

the answer is most likely c.

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Dr. Jamison studies the part of the brain that is active when people are lying. She asks half of her participants to tell the tr

7nadin3 [17]

Answer:

B.functional magnetic resonance imaging (fMRI)

Explanation:

Functional magnetic resonance imaging: The term functional magnetic resonance imaging is also referred to as functional MRI which is responsible for measuring an individual's brain activity via detection of changes related to the blood flow. It is based on the phenomenon which states that the neuronal activation and cerebral blood flow are considered as coupled. The blood flow in the area of the brain increases if its in use.

In the question above, the given statement represents the functional magnetic resonance imaging.

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4 years ago

An airplane has crashed on a deserted island off the coast of Fiji. The survivors are forced to learn new behaviors in order to

Svetach [21]

Answer:

The correct answer is c. Emergent norm.

Explanation:

Emergent norm is a socio-psychological phenomenon in which a group of individuals adopts a new consensual behavior to adapt to a novel situation.

Basically, an emergent norm establishes what's the appropriate behavior in a situation that is ambiguous in nature.

Examples of situations where a norm can emerge:

The hostages of a robbery, the survivors of a plane crash creating communication cues, a group of people evacuating a fire-site that need and emergent norm to stay together while evacuating, etc.

In this particular case, an airplane has crashed on a deserted island off the coast of Fiji. The survivors are forced to learn new behaviors in order to adapt to the situation and each other. This is an example of the c. Emergent norm theory.

4 0

3 years ago

What are the problems with the deftition of civilization?

ololo11 [35]

Ancient civilizations mostly problem Volcanoes explosive. natural disasters. civil war etc

8 0

3 years ago

The time it takes to transport goods has __________ over time, causing trade to __________.

irakobra [83]

Answer: It is C

Explanation: takes less time to transport goods(decreased) leading to more trade (increased)

7 0

3 years ago

Read 2 more answers

The Market for Economics Textbooks. Suppose the government believes textbooks are too expensive and it wants to make sure textbo

Sergio [31]

Answer: Price ceiling

Explanation:

Price ceiling is the maximum amount a product can be sold by the seller. It is the maximum amount charged for a good or service. Price ceiling is set by the government to avoid sellers exploiting consumers and selling goods at high prices. Price ceilings are mainly applied to energy products, rents, food when the goods become highly priced to regular consumers.

Price ceilings allows essentials goods to be affordable and are set by the government below the equilibrium price. When the government makes a price ceiling on the textbook, the price will be below the equilibrium price and there will be an increase in demand as a result of cheaper price.

7 0

3 years ago