A bilateral is a formal agreement between two or more governments!
Answer:
D. Elimination of the price floor
Explanation:
A lowered priced goods facilitates increased quantity demanded but a decreased quantity of a specific goods/product supplied brings about reduction in surplus.
There are different aspects of demand curves. The answers is below;
- A cure for lung cancer is found: The demand curve, in this scenario, will shift to the right along as the cure for lung cancer is found which will also increase or move right.
- The price of cigars will also increases and the demand increases while the curve moves to the right
- Wages will also increase in states that grow tobacco, while the supply will decreases and the curve will moves left.
- A fertilizer that increases the yield per acre of tobacco is discovered, this will make supply increases and the curve moves to the right.
- There is a sharp increase in price of matches, lighters, and lighter fluid, This will make the demand decreases and the curve to go left.
- More states pass laws restricting smoking in restaurants and public places, this will make demand decreases and the curve to go left.
<h3 /><h3>Demand curve
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The demand curve is known as a curve that helps to give all the possible combinations of the price and quantity demanded of a product or service at a given time and in a graphically manner.
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Answer:
In common law, the bailee has the obligation to return the goods to the bailor once there contract or agreement is over. The goods must be returned in the same condition as they were before. If the bailee fails to return the goods or returns them in a different condition, e.g. broken, damaged, or changed, he/she is liable to the bailor.
Sudarshan is the bailor since he entrusted petrol (gasoline?) and Raghman is the bailee since he received the goods. Raghman has the obligation to return he goods in the same condition as he received them. Arguing that he is not liable simply because he cannot return the goods is no excuse.
Answer: C. II and III
Explanation:
The customer ordered for 1,000 shares of a stock at $40 and so this is what the registered representative should give the customer. As such, if in the first place the order was possible to be done, then it will have to be done now and the registered representative's firm are obligated to provide the amount in question.
Any costs associated with filling the remaining 900 share order is the responsibility of the firm and not of the customer as they made the error not the customer.
