The answer depends on a crucial information that it is not provided, the purchasing power of those potential customers, but it still it is possible to reason how the demand and supply of membership would work.
- Surplus of memberships would take place when in the gym market there is a shortage of demand. This situation occurs when there are less customers willing to purchase the product at 45$ than the number of memberships that are available. To claim if this is the case in the example we would need to know the structure of the demand function in this market.
- Shortage of memberships takes place when in the gym market there is a excess of demand. The price is afforded by a number of customers which exceeds the amount of memberships available. Therefore, some rationing mechanism would be necessary to fix who will get the membership and who will not. Again, it would be necessary to know who the demand function works.
Answer:
F
Explanation:
Section F represents the U.S. District Court, which is the federal original court of jurisdiction and the court that would hear Jenny’s case first.
<u>Answer:</u>
The excerpts point of view towards Alaska is best described in the "Alaska is land that no one wants".
<u>Explanation:</u>
- It can be understood from the choice of words by the writer, cash and cast off that Alaska is not worth much.
- It further emphasizes in the article that any bankrupt monarch (emphasis on impoverished) can purchase it from the USA for their retirement.
- Alaska is the northernmost and westernmost state in the United States.
Answer:
ideologies/beliefs of democracy vs. communism
Explanation:
it was never about nuclear proliferation. it was about ideologies/ebliefs of democracy v. communism.
Answer:
1976
Explanation:
“Fifty years after the first celebrations, President Gerald R. Ford officially recognized Black History Month during the country's 1976 bicentennial.”
