Answer:
Explanation:
1) The ratio of Edwards to Obama = 60% : 40%, that is, 3 : 2
The ratio of Edwards to Clinton = 60% : 40%, that is, 3 : 2
Also, the ratio of Clinton to Obama = 60% : 40%, that is, 3 : 2
From the above statements the ratio of Edwards, Clinton and Obama, should reflect as follow in that order 5 : 4 : 3, showing that it is not possible that all voters are rational.
2) If the votes were to be 38% Clinton, 32% Obama and 30% Edwards,that is, in a ratio of 19 : 16 : 15 respectively, it is rational based on the preceding illustration, but it could have been higher for Edwards to Clinton becuase Edwards had higher votes when compared to Clinton and Obama seprately.
Answer:
cost-benefit analysis
Explanation:
such analysis is based on the cost and benefits of attending a collage.
<span>Computer Aided Design (CAD) utilizes computers, digital drawing surfaces and rulers to help people make construction.</span>
Answer:
Quantity demanded is the amount of a good that buyers are willing and able to purchase at a particular price. Many things determine demand, but only price can determine the quantity demanded of a specific good. If you have the money and are willing to buy 2 ice cream cones a week, at $2 per cone, the quantity demanded would be 2 cones a week. Now, what happens if the price increases to $4 a cone? If you are like most people, the quantity of ice cream cones you demand will decrease as the price rises. In this case, assume your quantity demanded is now only 1 cone a week, which is what you are willing and able to buy. Notice that as the price of the cones increases, the quantity of ice cream cones demanded decreases. This means quantity demanded is negatively related to price-which means they have an inverse relationship. Economists refer to this relationship as the law of demand. The law of demand states that, other things being equal, when the price of a good rises, the quantity demanded of that good falls. The reverse is also true-when the price of a good falls, the quantity demanded of that good rises. The combination of the quantities people are willing and able to buy of a good or service at various prices constitutes a demand schedule. When the demand schedule is graphed, the demand curve is downward sloping.
