Answer:
A surplus (or excess demand) of about 8 units
Explanation:
The picture attached shows the diagram necessary for the question which is part of the question. Solution is given below;
At the above ceiling at price of 40$
Quantity supplied will be 16
Quantity demanded will be 24
So when demand is more than supply than there will be a shortage in quantity by (24-16) 8 units.
When there is demand more than supply than it is an excess demand.
So surplus or excess demand by 8 units.
Answer:
d) Dialog Manager
Explanation:
Dialogue manager -
It act as an interface between the analytical capabilities of the system and the expertise of decision makers , both in the internal as well as model database , is known as a Dialog Manager .
Hence , from the question ,
The correct term according to the given information in the question , is d) Dialog Manager .
Answer:
e. Dave is taxed on $72,750 of plumbing income this year.
Explanation:
Based on the information given if Dave clients make their checks payable to his son, Steve based on Dave request in which the son, Steve received checks of $72,750 on behalf of his Dad, Dave's plumbing services, the TRUE STATEMENT will be DAVE IS TAXED ON $72,750 OF PLUMBING INCOME THIS YEAR reason been that to assign income to another person is NOT EFFECTIVE for TAX PURPOSES.
Answer:
Letter b is correct. <u>False.</u>
Explanation:
This statement is false, as this question is related to the Theory of Comparative Advantages, which is defined as an economic concept that explains that even when one part is more productive than another part, this does not mean that there is no comparative advantage, as the What is relevant in this theory is the ratio of productivity that each part has.
In the case Betty has an absolute advantage, which is a more efficient production, using less time than Phill, but there is a comparative advantage, because although Phill is less efficient than Betty, he can specialize in certain sectors and present comparative advantage.
This theory is commonly used to explain why trade between two different countries, people or regions can be beneficial to both, regardless of whether one party is more productively efficient than the other.
