Answer:
D. quantity supplied is greater than quantity demanded.
Explanation:
Since in the question it is mentioned that the market for sport utility vehicles has excess supply which determines that the supplies is more than the quantity which results that the quantity supplies is more than the quantity demanded as due to the excess supply
Hence, D option is correct and other options are wrong
<span>Paying off your bills (e.g. credit card bills) is just one way to improve your credit score. Since your credit worthiness depends on your credit scores, payment history plays an important impact to have a good credit score. Having a good credit score also pays an important impact on your ability to loan in banks. Good credit score reflects your ability to repay your debts. So, letter B is the best answer. </span>
Answer: A hostile work environment.
Explanation:
Theresa's work place is a good example of a hostile work environment, as the workers and management of her company are not sensitive to female workers challenges. A hostile work environment is a work environment that makes it hard for an employee to carry out their job task.
Answer:
The correct answer is option A.
Explanation:
Money can be defined as an object that is widely used as a medium of exchange in economic transactions. The primary function of money is to act as a medium of exchange for goods and services.
Other than that money also performs a number of secondary functions. It acts as a store of value, unit of account and standard of deferred payments.
Money can be of different types such as commodity money, bank money, and fiat money.
If the country can produce a good or service at a lower opportunity cost, it has a comparative advantage.
<h3>
What is comparative advantage?</h3>
- In an economic model, agents have a comparative advantage over others if they can produce that good at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to the trade.
- Comparative advantage describes the economic reality of trade advantages for people, firms, or nations as a result of disparities in their factor endowments or technological progress.
- (The absolute advantage, comparing output per time (labor efficiency) or per quantity of raw material (monetary efficiency), is typically considered more intuitive but less accurate – productive trade is possible as long as the opportunity costs of manufacturing commodities vary between countries.)
Therefore, if the country can produce a good or service at a lower opportunity cost, it has a comparative advantage.
Know more about comparative advantage here:
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