Answer:
C.
Explanation:
Based on the study being described it is not a valid claim because the stronger athletes were likely to drink the new sports drink whereas the weaker athletes were likely to drink flavored water. The companies need to sample athletes that are able to consistently lift a maximum of the same amount of weight. Once they have these participants they can then start the experiment. That way they know that the athletes are all on par with each other and if one is able to lift more than the other because they drank the energy drink they can isolate the drink as a cause.
Answer: hello your question is poorly structured attached below is the missing graph and missing part of the question
Assume the government imposes a $1.00 excise tax on the sale of every 2 liter bottle of soda. The tax is to be paid by the producers of soda. The figure below shows the annual market for 2 liter bottles of soda before and after the tax is imposed.
answer :
a) $2 , 4 billion
b) $2.5
c) $1.5
d) 3 billion
e) $3 billion
Explanation:
a) equilibrium price = $2 per bottle
equilibrium quantity = 4 billion bottles
<u>b) After imposition of excise tax </u>
consumers will pay = $2.5
<u>c) The amount producers keep after the imposition of taxes </u>
= $2.5 - tax
= 2.5 - 1 = $1.5
<u>d) New equilibrium quantity ( after tax is imposed ) </u>
= 3 billion bottles ( from graph attached ) i.e. intersection of S2 and D
e)<u> Amount of tax revenue collected by the government from the imposition of tax </u>
= quantity of bottles sold * $1
= 3 billion * $1 = $3 billion
These is a major advantage of a market economy is it can change direction rapidly when needed as markets change. Thus second option is correct.
<h3>What is Market Economy?</h3>
Market Economy refers to the economy in which the prices of the goods and services are determined by the two market forces that are supply and demand.
There is a less control of the government in the market economy and therefore all the decisions are taken by the private individuals. Thus option 1st is incorrect.
The Prices of the goods and services are determined by the supply and demand forces and the prices are kept as per the affordability of the customers. Thus option 3rd is also incorrect.
Therefore the correct option is 2nd one as the market changes the price of the good and services are also effected and get changed.
Learn more about Market economy here:
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A person can identify things that have given you trouble at work or in your personal life and look for ways to improve them by Innovation, knowledge and skills.
<h3>What is knowledge?</h3>
The idea of knowledge is one that connote the familiarity with some kind of information and theoretical views.
Knowledge is one that can be transferred from one person to another. By having the knowledge and skills, one can be able to handle issues that pertains to us in the right way and improve our lives.
Learn more about Innovation from
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Answer:
Option C Higher than high income countries and similar to th growth rates in those countries.
Explanation:
The reason is that the country is attracting investments, the oil exports are growing, economy is stable, crime rate is dropping down and the terrorism is also under control. This makes the country attractive for foreign direct investments. The greater the foreign investment the greater would be the employment opportunities in the country.
