Answer:
The correct answer is option A.
Explanation:
An increase in supply decreases the equilibrium price as the supply curve shifts rightward and intersects the demand curve at a lower point. This decline in the equilibrium price causes the quantity demanded to increase. The demand for the product remains the same.
The statement given in the question is false. A change in demand is caused by a change in other factors while the price of the product remains the same. The change in price affects the quantity demanded.
The types of quasi-contractual terms with which employees view what they owe their employer and what their employer owes them are referred to as Contractual agreement.
What is Quasi-contract terms?
- When there is a dispute between the parties and there was no initial agreement between them, the court may construct an out-of-order contract. This contract has the obligation to prevent one party from unfairly benefiting at the expense of the other parties. This circumstance is known as a quasi-contract.
- A retroactive agreement between two parties with no prior contractual responsibilities is known as a quasi contract.
- A court enacts it to address a situation where one party gains something at the expense of the other.
- A retroactive agreement between two parties with no prior contractual responsibilities is known as a quasi contract. A court enacts it to address a situation where one party gains something at the expense of the other.
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Well, outstanding debt is debt you owe to a creditor or multiple creditors. Outstanding debt can be on a credit card, loan or student loan. ... If the amount you owe is close to your credit limit that is likely to have a negative effect on your score.
Answer:
The correct answer is C
Explanation:
Constraint is the term which is defined as something which will controls or limits the person or an individual what the person can do. Their decision depends or grounded on the constraint.
In this case,Oliver wants to buy the new equipment in order to complete the project. The budget is depend or grounded on the grant awarded by the company. So, it is an example of a constraint project.
Answer:
C, Raises aggregate expenditure by raising liable income, thereby increasing consumption.
Explanation:
Tax is a very important financial tool of any governmet to ensure its smooth running.
Tax can either be increased or decreased and each of these acts have their effects on the the counrty and on its people. For the purpose of this question, i will be sticking to tax decrease.
Tax decrease as the name implies is the reduction of taxes paid by individuals to the government from their taxable incomes.
When tax is reduced, there is a little more money for the people to spend and as such this affects the demand, consumption (of goods) as well as the gross domestic profit; GDP, of the country.
When the people have more money to spend, there is an increase in things they buy, wear, do, etc and so production in that country becomes high.
Tax decrease is most effective in a situations where there is high level of unemployment and slow paced economies.
cheers.
