Answer: Shortage
Explanation:
The equilibrium price is the price at which the demand for a particular product and its supply is equal.
When the price of a good is below the equilibrium price for that good, this will more people demanding the good which will therefore lead to a situation where the quantity demanded is less than the quantity that is supplied. This leads to a situation called shortage.
This is a personal question. Therefore, only you would be able to accurately analyze how it is that you evaluate options when making a decision. However, there are some common strategies that people follow when such a problem arises.
One example of such a strategy would be making a pros and cons list. This allows the person to better understand the problems and benefits of each approach. Another strategy would be working your way backwards. This involves thinking of the desired outcome first, and then retracing the steps that might lead you in that direction. A third example involves talking to people who have faced similar challenges and asking them for advice.
I think the answer is if it is done 3 times, because that will make sure you're correct.
The correct answer is letter D. Social Security is applied to all wages up to $106,800. Medicare, on the other hand, is applied to all wages without limit. That is the relationship between Social Security and Medicare.
