Answer:
Quantity will Increase
Explanation:
As we know that when market is in equilibrium so the demand curve should be intersected the supply curve. At the time when there is an increase in suppliers so supply curve shift rightward due to which the consumer income would increase and this result in more demand. So the demand could be shift in rightward
So here the price should be the same but the quantity is increased
Answer:
A. A claim by the employee will probably be based on promissory estoppel
Explanation:
Promissory estoppel doctrine refers to trying to enforce a promise. In other words, a person that makes a promise is responsible for performing it as long as:
- the promissor made a promise and the promisee acted because of it
- the promisee relied on the promise
- the promisee suffers a loss due to the unfulfilled promise
Answer:
some goods aren't internationally traded
Explanation:
Purchasing power parity is most popularly known as the PPP. It may be defined as the measure of the prices of the various countries which makes use of the price of some specific goods in order to compare the absolute purchasing capability or power for the countries' currencies.
It is used to measure and compare prices at different locations.
The purchasing power does not hold good in the short to the medium run as different countries produces different goods and as such all the goods are not internally traded all over the locations or countries.
Answer:
The answer is: C) II and III
Explanation:
The benefits for filing your tax return online are:
- You can save money since you don't have to hire an accountant or other professional to file your taxes
- It is very simple and easy, since the tax software is very user friendly and intuitive.
- You can file your taxes from anywhere as long as you internet connection. This can save a lot of time and money, instead of having to physically go to an IRS office.
- Tax software helps you gain financial knowledge and that is always useful.
- It ensures accuracy since tax program can do accurate calculations on your behalf.
- You can receive your tax refund faster if you file your taxes online. Usually within 21 days the IRS is sending out refunds based on taxes filed only.
Answer:
a) 0.10 or 10%
b) 0.5417 or 54.17%
Explanation:
a) The median income of $60,000 is at the 50th percentile of the distribution. If 40% if incomes are above $72,000, then an income of $72,000 is at the 60th percentile of the distribution. Therefore, the probability that a family's income will be between $60,000 and $72,000 is:
b) If the distribution is known to be uniform, the probability that a random chosen family has an income below $65,000 is:
