1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
schepotkina [342]
2 years ago
10

As the price of a good increase, all else being equal, consumers will likely purchase _____.(1 point)

History
1 answer:
Ilya [14]2 years ago
3 0

As the price of a good increase, consumers will likely purchase less of the good because substitutes have become relatively less expensive.

<h3>What is Substitution Effect</h3>

       Substitution effects describes a situation where consumers opt for the substitute of a product when the price of their choice product increases either above their budget or above their purchasing capability.

       Therefore, the substitution effect refers to the change in demand for a good as a result of a change in the relative price of the good which is usually an increase in price when  compared to that of other substitute goods.

   This scenario will sway consumers  away from the good toward its substitutes.

Learn more about Substitution Effect at brainly.com/question/1319399

You might be interested in
Do you think Tecumseh would have accepted New treaties to settle the land disputes between native Americans and the us governmen
velikii [3]

No

Tecumseh's war was a conflict between the United States and an American Indian confederation led by Shawnee leader Tecumseh in Indiana territory. Although the war is often considered to have culminated with William Henry Harrison's victory at the Battle of Tippecanoe in 1811, the Tecumseh War essentially continued in the war of 1812, and is often considered a part of that larger struggle. The war lasted for another two years, until the fall of 1813, when Tecumseh, as well as his second in command, Roundhead, died fighting the Northwest Harrison Army at the Thames Battle of Upper Canada, near present-day Chatham, Ontario, and his confederation disintegrated. Tecumseh's War is viewed by some academic historians as the final conflict of a long-term military struggle for control of the Great Lakes region of North America, spanning a series of wars over several generations, referred to as the War Years.

8 0
3 years ago
how did political and economic inequalities in mexico contribute to the outbreak of revolution? HELP NOW
Vikentia [17]

Answer:

d6sususudduuseieeiueueie

Explanation:

fdyueueuedsjejsjejwusjsjshsjjsjs

7 0
3 years ago
Why was Japan was so successful in expanding its territory in 1942?
beks73 [17]

It negotiated treaties that gave it influence over nearby nations.

It had a large military force despite poor training and equipment.

It did not have to fight the majority of US forces.

It enjoyed popular support in US territories in the South Pacific.

i hope it helps

5 0
3 years ago
Read 2 more answers
Both Josiah and Zephaniah were:
NISA [10]

Both Josiah and Zephaniah are descendants of Hezekiah, both are born of royal lineage and they are also fourth-generation descendants Hezekiah (all of the above). Zephaniah is the son of Cushi, and the great-great grandson of King. Josiah, on the other hand, was a seventh-century BCE king of Judah

3 0
3 years ago
How did britain's geography affect its industrial revolution?
devlian [24]
Ummmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
3 0
3 years ago
Other questions:
  • Throughout World War 1, for which activity were airplanes most often used?
    5·2 answers
  • The confederacy did all the following to try to win the war except A) raised taxes B) seized private property c) offered to give
    6·1 answer
  • In 1870 President Grant signed a proclamation stating that __________.a.Reconstruction in Texas could beginb.Edmund J. Davis had
    10·1 answer
  • the attitude of respect and the devotion to ones family observed in chinese society especially in the imperil are is known as
    12·1 answer
  • ____ was a key ideal of the Enlightenment.
    7·1 answer
  • 10. Because of his experience living with the Cherokee, Houston wanted
    14·1 answer
  • Use the map and case study to answer the question:
    5·2 answers
  • According to the table, what was the state of the steel industry in the United States at the turn of the 20th century?
    7·1 answer
  • Which discovery caused hunter-gatherers to give up their nomadic lifestyle and settle down permanently in one place?
    8·1 answer
  • Need Nelp: Which Chinese invention allowed the Islamic Empire to spread its knowledge and preserve their teachings?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!