Answer:
A price floor set above the equilibrium price will result in a surplus of supply.
Explanation.
An equilibrium price refers to the price at which demand for a service or product is equivalent to the quantity of the product or service supplied in the market.
Setting a price floor above the equilibrium price essentially means that the set prices will be higher than what demand is willing to pay for the product or service. Demand will therefore purchase fewer quantity of the product offered by supply at the prevailing price than they would have at equilibrium price.
Since the price floor will raise the product price to considerably higher than the equilibrium price, supply will be willing to provide higher volumes of the product at the prevailing price than at equilibrium price.
This will lead to a mismatch in the market between supply and demand resulting into a surplus.
Answer:
"b" is not part of the role of a forester.
Explanation:
Answer and Explanation:
a. This is a fundamental risk case since there is a loss possibility. As the attack is done by the terrorists and the loss is definite in terms
b. It is a property risk as the house is damaged in a fire that resulted into a financial loss
c. It is a personal risk case as the head of the family is totally disabled that directly impact the family which leads to non-fulfillment of the financial liabilities so ultimately its an income loss.
d. It is a case of speculative as the investor purchase 100 shares that resulted in either profit or loss
e. This is a case of fundamental risk as the overflow of the river impacts the property of thousands people
f. This is a case of financial risk as the risk impacted the opposite changes in the price of the commodity, rate of interest, etc
g. It is a speculative case as the worker could either win or loss
Kei·ret·su
kāˈretso͞o/
noun
(in Japan) a conglomeration of businesses linked together by cross-shareholdings to form a robust corporate structure.
Answer: The closest option is A. The rights to receive are transferred by the assignor to the assignee.
Explanation: An assignment is a term used in the area of the law of contract and of property and assets. In the legal field, assignment is the process whereby a person or a group ( the assignor) transfers his/her rights or benefits to an asset or property to another person or group (the assignee).
The whole process is documented and sealed by the signature of both parties in the presence of their lawyer.
