A selfish leader that lets his/her desires above the good of their people.
The quantity supplied at this level of price is less than the quantity demanded and therefore the market is in shortage situation.
<u>Explanation:</u>
If the current price of the market is above the price P0, then the level of the quantity supplied of the good is less than the level of quantity demanded of that good at this level. With the less quantity supplied, there will be a situation of shortage of the quantity of goods in the market.
In the given example, the $8000 represents median of central tendency. The median is the number in the middle of a sorted, ascending or descending list of numbers, and it can be more descriptive of the data set than the average. It is the point above and below which half (50%) of the observed data falls, and thus represents the data's midpoint.
The median is the number in the middle of a sorted list of numbers. To find the median value in a series of numbers, sort the numbers in value order from lowest to highest or highest to lowest. The median can be used to approximate an average or mean, but it should not be confused with the actual mean.
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Answer: C. breakthrough
Explanation:
A BREAKTHROUGH project involves the development of new products and process technologies that could be considered revolutionary.
TechtoTeach's transcribing software can be hailed as such as it changed or improved the process by which students take notes in class and that it has been widely accepted by teaching institutions as well as students leaves it's breakthrough status is in no doubt.
A price increase may discourage customers from buying ice cream, or may choose a free cup over a cone.