Frequently, you’ll hear people say that “retirement age” is 65. What are they referring to? People who say this are referring to the age in which you can receive your full Social Security retirement benefits. At different ages starting at age 62, you are eligible to receive a percentage of the benefits, once you hit 65, you can receive your full percentage/allotted amount.
Answer:
Explanation:
For computing the demand for each sale, first we have to compute the average sale for each season which is show below:
Average sale in fall = (240 + 260) ÷ 2 = 250
Average sale in winter = (340 + 300) ÷ 2 = 320
Average sale in spring = (140 + 160) ÷ 2 = 150
Average sale in summer = (320 + 240) ÷ 2 = 280
Demand for next fall = (250 ÷ 1,000) × 1,200 = 300
Demand for next winter = (320 ÷ 1,000) × 1,200 = 384
Demand for next spring = (150 ÷ 1,000) × 1,200 = 180
Demand for next summer = 1,200 - (300+384+180) = 336
with common resources, the equilibrium quantity can be individually rational because the consumer of the common resource experiences individual benefits from use of the common resources
<h3>What is
equilibrium?</h3>
Chemical equilibrium is the state in which both the reactants and products are present in concentrations that have no further tendency to change with time, resulting in no observable change in the system's properties.
The only thing that can change an equilibrium constant is temperature. If the pressure is changed, the position of equilibrium can be altered. The position of equilibrium moves in such a way that it tends to undo the change that you have made
When a reaction and its reverse reaction proceed at the same rate, this is referred to as chemical equilibrium. Both forward and reverse reactions occur as a system approaches equilibrium.
To know more about equilibrium follow the link:
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Answer:
Option B
Explanation:
A commercial co-operation or marketing alliance is a collaboration between at minimum two organizations on the supply chain basis with the goal of combining similar qualifications or services to leverage the maximum potential of a sector.
Marketing partnerships are reasonable if two firms ' marketing objectives can be coupled with a meaningful output metric for the final consumer. Effective marketing partnerships produce "win-win-win" circumstances that deliver value not just to partner businesses and also to their consumers.
Thus, from the above we can conclude that the correct option is B.
Answer:
C. responsiveness of quantity demanded to a change in price
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
