Answer:
c is the correct represent the equilibrium price if I am not wrong
Explanation:
<em>sry </em><em>if </em><em>I </em><em>a</em><em>m</em><em> </em><em>wrong</em>
<span>A situation in which quantity demanded is greater than quantity supplied best describes shortage. Shortage is when any product or service lacks the means to provide or satisfy its demand. A shortage in the product or service usually results to a price increase. On the other hand, a surplus results to a price decrease.</span>
Answer:
Tragedy of the commons.
Explanation:
The "Tragedy of the Commons" refers to the phenomenon where People overuse a common resource. It is a situation arise when individual user share resources with much other and demand increase in comparison to the supply of resources, which lead to depletion, destruction, or damage to resources due to overconsumption. It can be prevented by using certain measures like fixing ownership of resources, assigning basic rules and regulations for usage of resources, penalizing for damage, etc.
In the given case, a retired athlete built a gym and made it common and free for neighborhood residents, which lead to overuse of gym facility and that is a tragedy of common arise.
The activities that would help engineers to get in touch with their left brains are:
- Have the engineer set goals for attaining their tasks
<h3>What does the left part of the brain do?</h3>
This is the part of the human brain that is considered to be logical. This is the part that is used for writing, reading and also doing calculations.
The engineer would be have to get in touch with their left brains through the setting of goals.
Read more on the brain here:
brainly.com/question/1247675
#SPJ1
Answer:
Private saving = $3 trillion
National Saving = $2 trillion
Explanation:
Private saving = GDP - Taxes - Consumption + Transfer payments
Private saving = $18 trillion - $2 trillion - $13 trillion + 0
Private saving = $3 trillion
Government runs a deficit of $1 trillion means its spending is $1 trillion more than the tax revenue.
So, National Saving = Private saving + Public saving
National Saving = $3 trillion + ($2 trillion - $3 trillion)
National Saving = $3 trillion + (-$1 trillion)
National Saving = $2 trillion
