The European union was created to make trade between its members easier
<span>(B) is the most correct answer. Social Security becomes the main way a person earns income after they reach the age of at least 62. This way, a person who has retired from the workforce can still draw an income and be able to live comfortably without having to worry about having a retirement plan in place.</span>
Facial feedback effect happens when the facial muscles triggerasd corresponding feelings such as fear or happiness. In addition, The facial feedback hypothesis explains that our movements could be affected by our emotions. The pioneer of this hypothesis was the psychologist Renee Grinnell.
Answer: The trial judge must raise the issue of competence because the Constitution obligates her to do so.
Explanation:
When a trial starts, it must be verified that the offender has the psychological competence to understand why he is being accused, or to respond to the crime that is accused. Therefore, in the case of suspecting that the accused has psychological problems, it is the responsibility of the judge to request a psychological and psychiatric evaluation before continuing with the trial.
I hope this information can help you.
When markets fail to clear and achieve their final equilibrium point, they are said to be in disequilibrium. Disequilibrium might develop if the price was lower than the market equilibrium price, causing demand to exceed supply, resulting in a shortage. Government regulations, non-profit maximization actions, and 'sticky' prices can all cause disequilibrium. The demand (Q1) is greater than the supply (P1) at a price of P1 (Q3). As consumers try to get the limited supply, this disequilibrium will result in a shortage (Q1-Q3) and long lines. In a free market, you'd expect businesses to deal with this imbalance by raising prices to ration demand.
Causes of disequilibrium
- Sticky prices: Firms may be committed to maintaining the same price for the entire year. As a result, if demand rises over the season, there will be a shortage because the company does not want to continuously changing pricing — especially when demand is erratic. There are menu costs in adjusting pricing, but they can also upset customers by raising prices constantly.
- Social factors: Firms may intentionally keep prices low because they believe they have an obligation to the community - for example, landlords not raising rent, or football teams not raising ticket costs.
- Non-profit maximizing decisions: Individuals are assumed to be rational and endeavor to maximize utility in economics. Other forces, though, are at play in the real world. Ub3r, for example, uses 'surge pricing,' which allows the price to climb in response to high demand, encouraging more drivers to work. However, this might mean that in the event of a natural disaster, Uber appears to be profiting from 'unfairly high' costs. Uber's algorithms have been adjusted to override these equilibrium prices.
- Government controls: ex maximum or minimum prices or government regulating prices, ex train tickets limited by rail regulators.
<h2>
Price above equilibrium</h2>
In other circumstances, the price may be set higher than the equilibrium price, resulting in a surplus of supply. At P2, supply exceeds demand, implying that businesses have surplus inventory they can't sell. There is a Q3-Q2 surplus. In a free market, the market price should fall to P1, where demand equals supply.
