Exponential Growth is the correct answer.
In Biology, exponential growth is associated with biological organisms and the resources available. When the resources available in the habitat is abundant, the population living in this place can grow exponentially. Thus, an exponential growth is taking place.
Answer:
The government agreed that it would be directed entirely by the great principles of Justice
Answer:
The answer is <u>Oligarchy</u>
Explanation:
Aristotle was the first to use the word oligarchy. The Greek philosopher mentions "the rule of the few", which, according to him, is a corruption of the aristocracy. This small group uses government maintenance to stay in power, concentrate income, and expand their privileges over the dominated class. That is, your interests are always above those of the majority. In this form of concentration, power is also exercised by socioeconomic groups that monopolize the political and symbolic field of a given territory or nation.
Answer:
A binding price floor is set above the equilibrium price as a minimum price
A binding price ceiling is set below the equilibrium price as a maximum price
Equilibrium price is $1.50
a) The government prohibits donut shops from selling donuts for more than $1.10 each = Price ceiling and it is Binding
b) The government has instituted a legal minimum price of $1.80 each for donuts = Price Floor and it is Binding
c) Due to new regulations donut shops that would like to pay better wages in order to hire more workers are prohibited from doing so = Price ceiling and it is non-binding (as firms are wiling to offer higher wages than the minimum wage rate)
Explanation:
