Answer:
Functional need
Explanation:
Functional need - 
It refers to the needs of the human being , which are important for the survival , is referred to as functional need . 
These are basic requirements which are important for the day to day activities  of the people . 
Hence , from the scenario of the question, 
Sarah bought a cycle , but as soon as she realized that basket is important for keeping her bag and other item .
Hence, the need of basket is the functional need . 
 
        
             
        
        
        
Answer: c. it ensures productive efficiency. 
Explanation:
The average cost pricing is used by the government in order to control the price that may be charged by the monopolist. 
With the average cost pricing, monopolists are forced to reduce the price that twhy charge for a product to a point whereby the average total cost of the firm and the market demand curve will intersect. 
This is vital as it brings about productive efficiency, increase production and also the reduction in the price of a good.
Therefore, the correct option is C "it ensures productive efficiency".
 
        
             
        
        
        
Answer:
c. will earn zero economic profits but positive accounting profits
Explanation:
A competitive industry is characterised by many buyers and sellers of homogenous goods and services.
There are no barriers to entry and exit of firms. If firms in a competitive industry earn economic profit in the short run, firms enter into the industry in the long run and economic profit falls to zero.
A competitive firm earns accounting profit but doesn't earn economic profit.
Accounting profit = Revenue - Cost 
Economic profit = Accounting profit - Opportunity cost 
I hope my answer helps you.
 
        
             
        
        
        
When someone is driving a car or even a motorcycle and is cut off by another vehicle, it can cause an accident. Another result could be one or both drivers threatens the other person or even a pedestrian that was involved. These are examples of "road roage."
        
             
        
        
        
Answer:
9.5%
Explanation:
The computation of the after tax rate of return is shown below:
But before that first determine the following calculations
The interest income earned
 = $800,000 × 12.50% 
= $100,000
Now After tax interest income is 
= $100,000 × (1 - 0.24) 
= $76,000
Now 
After tax rate of return on investment is 
= ($76,000 ÷ $800,000) × 100
= 9.5%