<u>Answer:
</u>
The United Nations plan for the Palestine called for the creation of two states, one Arab and one Jewish, in the mandate.
Option: (D)
<u>Explanation:
</u>
- Owing to the consistent and ongoing conflicts between the Jews from Israel and the Arabs from the Arab countries neighboring Israel, the United Nations decided to mediate by making a plan through which they would divide Palestine (the land that was causing the conflict between the two communities) into two different states.
- The plan enumerated the idea of dividing Palestine into two parts, out of which one would be given to Jews, and the other would be given to Arabs.
- The plan was not accepted by either of the two.
The Anti-Federalists opposed the ratification of the 1787 U.S. Constitution because they feared that the new national government would be too powerful and thus threaten individual liberties, given the absence of a bill of rights.
<em>The correct answer is: 2. </em>Green tea is inelastic in terms of supply.
The elasticity of the supply of a product measures the variation experienced by the quantities of products supplied by the producers before variations in certain factors of production. In our case, the established factor is the market price of the goods to be produced (green tea), and is called the price elasticity of the offer.
The price elasticity of the supply of a product is calculated as the quotient between the differences in the quantity offered to the market by the producers and the differences in the market price of that product.
In this case, the price elasticity of green tea is 67%. The calculation is done as follows:
<em> E (%) = (S2-S1) / (P2-P1) = (5-3) / (7-4) = 2/3 = 67%
</em>
As this value is less than unity, it is said that the green tea is Inelastic in terms of supplies with respect to the market price.
This means that before increases in the price the quantities supplied by the producers increase in a smaller proportion.
Answer:
Explanation:
Going through & comparing both the proposed budget with the revised budget, we observe 2 changes. We notice that 5% was reduced from purchase of new musical instruments for the music department and that upgrade of computer lab hardware was increased by 5%. As the revised budget is the final budget, we see that in it the board opted to have more computer hardware instead of new instruments for the music department. In so doing, Northville Schoolpurchased more computer hardware at the expense of new instruments.
Opportunity cost refers to the "cost" incurred by foregoing the advantage associated with the best alternative choice to get something else. In this case, the Northville School Board passed up the opportunity to get new instruments & instead opted to upgrade the computer lab hardware. <u>Therefore, the opportunity cost for computer lab hardware upgrade is the purchase new instruments.</u>
