If scientists discover that steamed milk, which is used to make lattés, prevents heart attacks, then the equilibrium price and quantity would both rise.
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What do we mean by equilibrium price?</h3>
- An equilibrium price, also recognized as a market-clearing price, is the customer cost assigned to a product or service at a point where supply and demand are equal or nearly equal.
- The price at which the demand curve equals the quantity supplied is known as the equilibrium price.
- The intersection of the demand and supply curves determines it.
- A surplus exists when the quantity supplied of a good or service exceeds the quantity demanded at the current price, putting downward pressure on prices.
- For example, if scientists discover that steamed milk, which is used to make lattés, reduces the risk of heart attack, the equilibrium price and quantity will both rise.
Therefore, if scientists discover that steamed milk, which is used to make lattés, prevents heart attacks, then the equilibrium price and quantity would both rise.
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Explanation:
This act OSHA is effective in the establishment of safety and health standards in businesses. Without this act there would be unsafe working conditions for employees in some companies.
The act is ineffective because of the political administration of the day. A new administration may decide to increase the budget, while another may decide to cut it. There is no standard budget for OSHA.
I do not think the act should be expanded. But it does need an amendment which should follow technological advancements.
Although this act has set safety guidelines for companies to follow, so as to make sure that workers are safe where they work, I believe that companies, businesses, should be allowed to some extents to set safety standards for their workers above that of OSHA.
Answer:c. the productivity of its workers
Explanation: One of the three determinant of economic growth is increases in labor inputs, such as workers or hours worked.
Improved economic growth raises a nation's standard of living.
Answer and Explanation:
<u>Psyche</u>
a b a×b
Years Net income PVF at 8% Goodwill
1 to 5 140000 3.99271 558979.4
Answer:
B. conformity
Explanation:
Conformity is a term in psychology that describes the tendency of a person(s) to adopt the behaviour of the people around them or of the people in a group they belong to.
Monica adopted the behaviour of her group of friends.
Labelling theory postulates that individuals may adopt the characteristics of the labels people use to describe them and this may shape their identity.
Differential association theory states that people learn how to become criminals by interacting with people.