Answer:
<u>b. exports > imports.</u>
Explanation:
Note that when a country's exports are less than imports of the country that is a case of unfavorable balance of trade.
So Mercantilists often aim to see excess of exports over imports which they believe means added income (exports) and less of expenditure ( imports).
Remember the balance of trade (BOT) looks at foreign exchange between countries.
Answer: This is a qualitative research design.
A qualitative research design is usually used when one wants to understand people’s experiences, that are not usually quantifiable.
This research design does not aim to build a model and predict values. Rather, <u>it’s aim is to explore and understand existing experiences. </u>
In a qualitative research design, the researcher decides the hypothesis that needs to be tested even before collecting the data. The researcher then collects the data, analyses it and interprets the results himself.
Answer:
For example without public goods, we wouldn't have schools, parks, or rec centers, to name a few examples.
Explanation:
Hope you have a great day :)
Answer:
c. Shortage will cause the price to rise toward $10
Explanation:
c. Shortage will cause the price to rise toward $10
The equilibrium price is $10 this any price below the equilibrium price will create a shortage in the market because at price lower than equilibrium price, the demand is greater than the supply. Thus, shortage will push the prices upwards or towards equilibrium price.
It is possible but there should be some type of criteria that needs to be met. For example, the market should have room for both products and the other important thing to have in mind is that the company must have sufficient resources in order to produce both products simultaneously.
