Answer:
Quantity demanded for balloons will increase.
Explanation:
According to the law of demand, there is an inverse relationship between the price of the commodity and the quantity demanded for that commodity.
This means that if there is an increase in the price of a good then as a result the quantity demanded for that good decreases and on the other hand if there is a fall in the price of a good then as a result the quantity demanded for that good increases.
Therefore,
Fall in the price of balloons will lead to increase the quantity demanded for balloons.
Answer:
Providing buyers with "gifts" to secure business
Explanation:
When gifts are illegally given to obtain a favor it is called bribery.
Bribery is the giving, receiving, offering, or asking for any item of value in order to influence actiins of a party.
Bribery is a criminal act where both the giver and receiver of bribes are guilty. Also bribe doesn't have to be given or received before on is guilty, when an offer is made the personaking the offer is already guilty of bribery.
Answer:
The fossils found on Flores indicated:
(1) A small body size
(2) Another species of hominin
Answer:
C) Output fall and prices rise
Explanation:
In an aggregate supply, aggregate demand model, price level is the Y axis, and output is the X axis. Supply is positively related with price: the higher the price, the more firms produce.
However, to produce someting, firms need to employ the factors of production: land, labor and capital. The wages firms pay to workers, and the rent firms pay for land and capital are the production costs. If these costs rise, then, the products will become more expensive.
This increase in price will be met with lower demand; less customers will be willing to purchase the product, and therefore, the firms will start producing less until reaching a new equilibrium.
Answer & Explanation:
C. the benefits accrue to politically powerful government officials and their constituents
