Based on economic theory, scarcity is limitation of a resource which cannot be replenished. Shortage is used to indicate a market condition.
When applying this definition to your question, A is your answer.
The correct answer is the work included in case work. They
are likely to be composed of the following;
<span>-
</span>Provide minor services
<span>-
</span>Talking to constituents
<span>-
</span>Influencing decisions by the regulatory
commission
<span>-
</span>Presenting special bills for the sake of them
Answer:
Substitution
Explanation:
Principle of subsitution states that no consumer should buy a product for a high price of he can get an alternative (duplicate) that is of a cheaper price.
Substitutes are alternatives that provide similar satisfaction to the customer.
When the price of one product goes up the customer has a choice of going for an alternative.
For example honey and sugar are substitutes. When the price of one goes down people will go for the cheaper alternative. This acts as a price control mechanism.
Answer:
Zack's adjusted gross income
His adjusted gross income is equal to his gross income minus eligible deductions.
Adjusted gross income (AGI) = gross income - deductions for AGI
= $74,000 - $5,000
= $69,000
Zack's taxable income
His taxable income is equal to his AGI minus itemized deductions minus tax prepayments minus tax credits.
Taxable Income = $69,000 - $2,500 - $8,400
= $58,100