Answer:
C) through public elections of local officials
Explanation:
The Cost–benefit analysis is also sometimes known as the benefit–cost analysis. It is the systematic approach in estimating the weaknesses and the strengths of the alternatives that is used to determine the options which provides the best method or approach to achieve the benefits while preserving a savings.
It is used to maximize the social welfare. It is for the optimal quantity of any public good. The cost benefit analysis of the public goods like the firework displays should be carried out by a public election of the local officials.
Answer:
B. Cash 4,600 Sales Revenue 4,600 Cost of Goods Sold 1,000 Merchandise Inventory 1,000
Explanation:
The journal entry is as follows
Cash $4,600
To Sales Revenue $4,600
(Being the goods are sold for cash is recorded)
Cost of Goods Sold $1,000
To Merchandise Inventory $1,000
(Being the cost of the goods is recorded)
These two entries are recorded for recording the cash and the cost of the inventory
Are there any choices? I would say black market if that's a choice or if its a write-in question.
Answer:
An increase in Price and decrease in Quantity.
Explanation:
Please see the attached Decrease in Supply when Demand is Constant Diagram for further explanation:
<em>Supply Curve </em>is always upward because Supply and Price are directly proportional as shown in attached diagram as S
.
<em>Demand Curve</em> is always downward because Demand and Price are inversely proportional as shown in attached diagram as D
.
The point where Demand Curve and Supply curves meet each other or intersect each other is called <em>Equilibrium </em>as shown in the attached diagram as E. At this the point Quantity Demanded and Quantity Supplied are equal.
The point at which Equilibrium touches the price is called Equilibrium Price as shown in the attached Diagram as P. At this point the Quantity Demanded and Quantity Supplied are equal.
The Point at which Equilibrium touches the quantity is called <em>Equilibrium Quantity</em> as shown in the attached Diagram as Q. At this point the Quantity Demanded and Quantity Supplied are equal.
Since the Demand is constant D and Supply is decreasing, So when the Supply decreases it shifts towards its left side as shown in the attached diagram as S'.
After decrease in Supply the changes it brings a new Equilibrium point as E' at which Equilibrium Price rises to P' and Equilibrium Quantity falls to Q' as shown in the attached diagram. At this point the Quantity Demanded and Quantity Supplied are equal.
Thomas Robert Malthus is the economist who supported it the most