Answer: CORRECT ANSWER IS OPTION C (MAXIMIZED THE COMBINED WELFARE OF BUYERS AND SELLERS).
EXPLANATION:
The equilibrium price or market-clearing price is referred to as the price when the market is at equilibrium (or the same) i.e quantity demanded (the amount of the product that consumers is willing to buy) equals quantity supplied (i.e the amount of product the producers want to sell). Hence, the agreed quantity is termed as the equilibrium quantity.
Therefore, when there is equilibrium of supply and demand (i.e market equilibrium), it maximizes the total benefits to buyers and sellers participating in that market. Both the buyer and the seller gain at this market structure with no loss end.
Answer:
Children's Internet Protection Act (CIPA)
Explanation:
Answer:
The person who signs the MOA
Explanation:
Reporting incidents and/or violations of the Rules of Behavior to FEMA Security is the responsibility of the person who signs the MOA
<u>Answer:
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The principle of federalism refers to the distribution of power between the central and the state government.
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Explanation:</u>
- The principle of federalism is a mode of a political organization or a basic principle in any country that unites the different states of the country to the central government and at the same time allows the different sates to maintain their individuality and integrity.
- It is a 'division of power' among the central government and the other states of the country.
- By distributing the powers among the states or by spreading the powers equally into the state governments, the ones who frame the constitution primarily build a 'stronger and a functional country government' while preserving the 'existing states' and the concept of 'local state government'.
