Answer:
stable because at this price the quantity demanded equals the quantity supplied.
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
Generally, the equilibrium price is generally said to be stable because at this price, the quantity of goods or services demanded is equal to the quantity of goods or services supplied to the consumers.
Answer:
<em>E. Perceived benefits versus perceived costs of search</em>
Explanation:
<em>If a family purchase an inexpensive appliance of the kitchen, for example a coffee maker, the concept could be explained by the </em><em>OPTION(E)</em><em>.</em>
Because perceived benefits is something which is been related to the positivism, in perceived costs of search it is related to the cost of the unit and in this a customer expends on what they think and researched, by performing a certain or a particular action.
Answer:
C. It replaces human altogether
Explanation:
The current global outlook and focus on robotic sciences indicates that robots have entered into our daily lives. With the emergence of artificial intelligence and IoT internet of things it is evident that fourth industrial revolution would result in replacing humans altogether in almost every profession and aspect of life.
Answer:
Arizona Statute
<h3>
Who writes Arizona Revised Statutes?</h3>
- The laws in the Arizona Revised Statutes are passed by the Arizona Legislature, which consists of the Arizona House of Representatives and the Arizona Senate.
- The Arizona Revised Statutes adopted and enacted into law by this act, and as hereafter amended and supplemented and printed and published pursuant to sections 1-106, shall be known as Arizona Revised Statutes and
- It may be cited as "A.R.S." followed by the number of the title and the number of the section in the title.
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Answer:
E. Allows savers to spread their money among many financial investments.
C. Provides an easy method of exchanging a financial security for money.
D. Collects and communicates information about borrowers to savers
Explanation:
The financial system provides several key services to both borrowers of funds as well as the lenders of funds apart from transfering excess funds from lenders/households to the firms in need of those funds (borrowers). These include-
The facility of allowing savers or lenders to invest their funds among many different financial investments instead of just one.
It provides information about the borrower to the lender.
A financial security can be easily exchanged in terms of money by these financial institutions in favour of the customer.
Therefore, E, C and D are correct
