HELP PLEASE ASAP!!!
1. Several counties in Georgia and Florida are devastated by a terrible flood. Funds to help the areas recover will most likely come from
State property taxes
Federal income taxes
Funds for farm subsidies
County tobacco sales taxes
2. A company released a new video game system just in time for Christmas and many stores quickly sold out. Although the price of the system was only $350, they sold for over $2,000 on an online auction site. Which of the following economic principles best explains this event?
People respond to incentives because of self-interest.
The value of some objects increases relative to other objects.
The price of all goods will rise over time.
Competition among consumers increases prices.