The subdivision of houses for low income families.
The given question is incomplete as the group of choices are not given, required to answer the question. However, the group of choices for this question is as follows:
1) stable – if we are there we will stay there, unless outside forces change
2) unique – there is one and only one equilibrium, a property which follows from the “Law of Demand” and “Law of Supply”
3) self-enforcing – at higher prices there is downward pressure on price; at lower prices there is upward pressure on price – therefore if we are at some other price, we will be pushed toward the equilibrium price
4) All of the above statements are correct
Answer:
The correct answer is - option 4. all of the above statements are correct.
Explanation:
According to the model of the demand and supply, market equilibrium in the model of the supply and demand is the market where the balance between supply and demand is equal and due to equal demand and supply prices of a particular product is stable.
If there is an over-supply of products than the demand in the market the prices will go down, which results in higher demand. At higher prices there is pressure on the price to move downward; at lower prices, the pressure would be upward.
Thus, the correct answer is - option 4. all of the statements are correct
The updated version of the published taxonomy and diagnostic manual, the Diagnostic & Diagnostic And statistical Manual, 4th Edition, was released in 2013.
<h3>What is a statistical example?</h3>
Statistics are numerical representations of sample characteristics. One population parameter is the average income in the United States. On the other hand, a sample statistic is the average salary for a sample taken from the United States. Although both figures correspond to the mean income, only one is a statistic.
<h3>What sort of statistical test would you use?</h3>
Determine if there is a scientifically significant difference between the two variables using the independent t-test, commonly known as the two-sample t-test or student's t-test.
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Lauren will probably be competitive in the first round of
the game, though David will probably cooperate.
The prisoner's dilemma is a conundrum in choice
investigation in which two people keeping their best interests in mind seek
after a game-plan that does not bring about the perfect result.
