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borishaifa [10]
4 years ago
13

If the supply of aisle seats and middle seats on an airplane is the same, but the demand for aisle seats is greater than the dem

and for middle seats, then the equilibrium price of aisle seats will be less than the equilibrium price of middle seats.
True
False
Business
1 answer:
lys-0071 [83]4 years ago
7 0

Answer:

False

Explanation:

Offer is the quantity of a product or service available for purchase. Demand is the amount of products or services that consumers are willing to buy.

When demand is higher than supply, product prices tend to rise as consumers are willing to pay more to get a particular item. On the other hand, when supply is higher than demand, prices tend to fall.

For this reason, we can conclude that if the demand for the airplane's aisle seats is greater than the demand for the middle seats; the price for the aisle seats will be higher than the price of the middle seats.

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Melissa's tugboat accidentally collides with Tyler's yacht, and Tyler sues Melissa for negligence. A federal jury finds Melissa
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3 years ago
4. Labour Institutions Act(10MKS)
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Answer:

  • Reduce discrimination.
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  • Reduce inequality/ poverty.
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Explanation:

It is necessary for the government to regulate wages because some companies might take advantage of little regulation to get away with many unjust and unethical actions as they chase profits or due to personal bias.

Without government regulation, there would be wage disparity between races and genders so regulation reduces that. Exploitation will also be reduced because companies will not take advantage of unemployment rates to make workers overwork themselves to keep their jobs.

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3 years ago
Belinda keeps a record of her expenses for the week as shown:
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Answer:

d. $38.00

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= $38

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3 years ago
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