The statement that describes the result is At that price, quantity demanded exceeds quantity supplied. This is because the quantity of the demanded product from the consumer has higher range than the amount of supply from the market. This can results into shortage
The answer is: A decrease in the profit-maximizing rate of output and a decrease in the firm's profits.
A tree on a property is real property while rooted in the soil. when the tree is cut down, it becomes personal property. this is an example of severance.
Severance is the act of removing something connected to land. as an example, a farm fence, which is classed as actual property, becomes personal property (rolls of wire and posts) when it is taken down (when it is severed from the land).
Some task hunters can also know a way to negotiate revenue and benefits whilst they're hired, but they may now not recognise they are able to negotiate such capabilities after they go away from an corporation. Most employers provide a severance agreement that outlines the monetary phrases on which the employee will go away the company. Negotiating a suitable agreement includes considering how to conduct yourself during discussions with the agency, the coins and blessings you need to live on, and whether or not to hire legal help.
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Answer:
Falls by $100,000
Explanation:
In this question, we are asked to calculate and state what happens when demand for land falls and as a result, there is also a fall in rental rate.
Firstly, we cost the total of 1000 acres. The price of 1000 acres is simply the multiplication of the 1000 acres by the $500 unit price= 500 * 1,000 = $500,000
We now calculate the price or worth of the land when demand falls
This is mathematically equal to 400 * 1000 = $400,000
Now, the net economic rent fall would be $500,00 - $400,000 = $100,000
Hence, there would be a fall of $100,000 as the demand for land falls
Answer:
The plaintiffs will probably win because the school district is clearly discriminating against African American teachers.
Title VII of the Civil Rights Act establishes that it is illegal to discriminate against job applicants based on race, ethnic background, gender, sexual preferences, religion, etc.
Since 15.4% of all certified teachers in the district are African Americans, you would expect that the number of teachers employed by the school district would be similar. It doesn't have to be exact, but it should be a closer number, not 1.8%.