Answer: the correct answer is C.) quantity demanded = 10; price = $10
Explanation:
John's Demand Wayne's Demand Total Demand
Price Quantity Price Quantity Price Quantity
$10 6 $10 4 $10 (6+4)=10
$15 4 $15 2 $15 (4+2)=6
Alliteration is the repetition of a letter at the start of or during a word.
i.e. Coca-Cola, PayPal, Bed Bath & Beyond, etc...
Answer: The term for the house loan is MORTGAGE and the house is considered COLLATERAL for the loan should Quincy default on his loan.
Mortgage is defined as the act of borrowing against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land.
Collateral is defined as a security or guarantee pledged for the repayment of a loan if one cannot procure enough funds to repay.
There are countries in which the death rate has declined as well as the birth rate, this transition has occurred in Europe and East Asia.
<h3>What is Demographic transition?</h3>
Demographic transition involves a shift in happening of a particular location or place. This could a shift in increase birth rate to a sudden decline in birth rate that could have resulted form low educational level, lack of technological advancement.
Therefore, There are countries in which the death rate has declined as well as the birth rate, this transition has occurred in Europe and East Asia.
Learn more on demographic transition here,
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