The correct answer is B:They would receive only a partial benefit for as long as they collect Social Security. The age at which Americans are eligible to receive full Social Security benefits is 65. The earliest age, assuming one is not disabled, one can apply for Social Security is 62. However, if an individual claims Social Security early between the ages of 62-64, it will be at a reduced rate.
Answer:
1/N
Explanation:
Herfindahl-Hirschman Index is used to measure the market concentration and market competitiveness of firm(s).
A major advantage of this index is that it is easy to calculate while using small amount of data required for calculation.
It been used by government agencies such as the U.S. Department of Justice for cases involving mergers and acquisition.
Since we are concerned with the minimum possible value we divide
.
Answer:
<u>There is a movement along a given supply curve.</u>
Explanation:
When the price of a good or service changes, consequently there are several factors that will influence demand. Some of them are the quantity demanded, which due to a price change may increase or decrease compared to the original demand. Therefore, this is a factor that will influence a movement along the demand curve.
Answer: Please refer to the explanation section
Explanation:
The question incomplete we are required to differentiate events that will shift the demand curve of Boston Lager to the left and events that will not shift the demand curve but the events are not provided in the question. however because it is clear what the question requires i will list Events that cause a shift in the demand curve and events that will not shift the demand curve.
events that will shift the demand curve of Boston Lager to the left
- Decrease in the price of Beer produced by Samuel Adams (competitor).
- Household income decrease
- Government raising the Tax on alcohol
events that will NOT shift the demand curve of Boston Lager
- Change in Price charge by Boston Lager. a change in the price of beer charged by Boston Lager will cause a Change in quantity of beers Demand which will be indicated by a movement along the demand curve but will not shift the demand curve
the answer i<span>a decrease in the price of green tea</span>
A demnad curve will shift to the right if the product is experiencing an increase in demand.
research that show a positive result of consuming the product, and the reduction of complement product would increase the overall demand of that product.
Reduction in the product's price usually followed by the reduction in supply and does not guarantee the demand curve to move to the right.