-Refer to the Above Figure

question 172

Multiple Choice

-Refer to the above figure. In the absence of a subsidy,

• A) Qd would be demanded and QM would be supplied.
• B) the price Pd would be charged and quantity QM demanded.
• C) the quantity Qo and price Po would prevail in the market.
• D) None of the above is correct.

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Definitions:

Aggregates

Materials or items combined together to form a total quantity, commonly used in construction (like gravel and sand) or as a term in software for clustering individual items.

Mobile Users

Individuals who access information, applications, or services on a mobile device, such as a smartphone or tablet, rather than a stationary computer.

RFID Technology

Radio-Frequency Identification, a technology using electromagnetic fields to automatically identify and track tags attached to objects.

Antennas

Electrical devices that convert electric power into radio waves, and vice versa, used for transmitting and receiving electromagnetic signals.