It is false that many state governments claim a shortage of funds because there are unmet needs. It is false because of scarcity. Scarcity is a result from unlimited wants coupled with limited resources.
This partnership is most likely to an Strategic Alliance.
Strategic alliance is an agreement between two companies to work on the mutually beneficial project while each of the company work independently.
It is done for expanding business in the new market, new product line or to compete with the competitor.
This allows companies to work collectively and share the profit earned. It helps in sharing knowledge, skills, saving the resources.
It may be for short period or long period depending upon the task to be accomplished.
Under this agreement, the responsibility of the each member is clearly defined.
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Answer:
Nitrous oxide is a safe and effective sedative agent that is mixed with oxygen and inhaled through a small mask that fits over your nose to help you relax. Nitrous oxide, sometimes called “laughing gas,” is one option your dentist may offer to help make you more comfortable during certain procedures.
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Answer:
The correct answer is option A.
Explanation:
The exit of existing firms from the market will reduce the overall market supply. This will cause the market supply curve to move to the left.
This leftward shift in the market supply curve will lead to an increase in the equilibrium price. The equilibrium quantity will be reduced.
The other firms in the market will get more market share and higher profits.
