Answer:
D. None of the above.
Explanation:
When there's a change in demand, the demand curve shifts and only quantity demanded changes- it either increases or reduces but price doesn't change. A change in demand is caused by factors that affect a consumer's demand for a good other than the price of the commodity.
Some of the factors that cause a change in demand include:
1. Change in income
2. Change in taste
3. Season
When there's a change in supply, the supply curve shifts and quantity supplied changes but there's no change in price. Change in supply is caused by other factors that affect supply other than price.
Community college students can receive financial aid.
All other options are not true the term financial aid initially derived by the community colleges in order to provide funding to the students who cannot afford to study.
Answer:
Chandra should request her attorney to file a motion for summary judgement because both parties have past the pleading stage of litigation and they both have also completed discovery. Since enough evidence was gathered during discovery, then Chandra is entitled to judgement.
Answer:
The answers are It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. And It is true that without government regulation, natural monopolies can earn positive profit in the short run.
Explanation:
It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.
Without government regulation, natural monopolies can earn positive profit in the short run. It is a true statement.