Answer:
rationing
Explanation:
Rationing supplies is something that usually happens during wars or natural disasters, it is not normal for it to happen. In the US, food rationing formally ended in 1954, and the last item to be de-rationed was meat. It was only a formality since World War II had ended in 1945, and most items had been de-rationed shortly after the war was over.
Never again has food or any other type of good been rationed in the whole country as part of a national policy.
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The quantity of the product delivered will decrease if the curve shifts to the left, but it will grow if it shifts to the right.
<h3>
What is a supply curve?</h3>
The supply curve illustrates the relationship between the price of an item or service and the volume delivered over a specific time period. In a typical scenario, the amount supplied will be shown on the horizontal axis and the price will be shown on the left vertical axis.
The shift in the supply curve:
Variations in the cost of production and related factors can cause a whole supply curve to move to the right or left. Ceteris paribus: Supply curves connect prices and output under the supposition that nothing else changes.
As a result, moving the supply curve to the right will increase supply while adjusting it to the left would decrease it.
Learn more about the supply curve:
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Answer:
The answer is true.
Explanation:
Preference or preferred shareholders are synonymous to lenders to a business or company. Preferred shares are like debt to a business. They possess the characteristics of both debt and equity and in the case of liquidation, they have to be settled first. Common shareholders are the last shareholders to settled.
Answer:
Lanny's deductible income = $24,000
Explanation:
Given:
Lanny's payment per month (Wife) = $2,000
Lanny's payment per month (Child) = $5,00
Lanny's deductible income = ?
Computation of Lanny's deductible income :
Lanny's deductible income = Lanny's payment per month (Wife) × 12 month
Lanny's deductible income = $2,000 × 12 month
Lanny's deductible income = $24,000
Note: Payment made for the support of a single child must not be deducted in Gross Income.
