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
oksano4ka [1.4K]
2 years ago
10

How do substitution effects and income effects affect the demand curve?

History
1 answer:
Kruka [31]2 years ago
8 0

For normal goods, the income effect and the substitution impact both work within the same direction; a decrease inside the relative charge of the goodwill growth amount demanded both because the good is now less expensive than replacement items, and because the decreased fee way that clients have an extra general purchasing electricity ...

The substitution impact issues change in demand for a product due to a relative exchange in charges and the availability of substitutable merchandise. In circumstances where expenses upward thrust in a market with few merchandise (substitutions), the effect of the profit may additionally have a bigger effect.

The substitution effect is the lower in income for a product that can be attributed to consumers switching to inexpensive alternatives while its fee rises. whilst the charge of a product or service increases however the consumer's income stays the same, and the substitution impact generally kicks in.

Learn more about substitution here:

brainly.com/question/22340165

#SPJ9

You might be interested in
(Electoral college) What were the concerns of the 1787 constitutional convention?
Lelu [443]

Answer:

It was winner-takes-all approach do not count the votes of the losing candidates in each state, It allows the election of a candidate who does not win the majority votes, and it was undemocratic.

6 0
3 years ago
The 13th, 14th, and 15 Amendments MOST impacted the rights of which group?
Leno4ka [110]
African Americans.

Many former slaves. 
3 0
3 years ago
Read 2 more answers
Why was whig leader daniel webster opposed to the mexican-american war?
inessss [21]
He was convinced that the war was part of a democratic scheme to add more slave states to the union
3 0
3 years ago
"How did the United States help bring about the Allied victory in 1918?" (NOT BATTLES, but how did the U.S. help bring about the
Oksana_A [137]

Answer:

There wasn't a victory.the Europeans exhausted themselves. The US only prolonged the conflict for about a year, at which time the Europeans thought that an armistice was the only way to not perish. The real victory came in 1919, when President Wilson went to Versailles to hold court and chop up the map of the world in the image of a racist, imperialist, white, Western European/American hegemony, complete with “reparations” that assured the flow of gold primarily out of Germany, and primarily into the US. Wilson was able to hold the dominant position at Versailles because the US was one nation that was not utterly spent, in terms of men and material and resources.

Explanation:

7 0
3 years ago
This is a multiple choice by the way
Oksanka [162]

Answer:

A. Distance and Time

Explanation:

The formula to calculate speed is: \frac{d}{t}, where d is distance, and t is time.

8 0
2 years ago
Other questions:
  • How is changes in technology during the twentieth century effect our life?
    10·1 answer
  • Which two types of courts are found in the state judicial branch
    14·2 answers
  • What do a group of labor union members do?
    8·1 answer
  • Who is tasked with running the house and senate?
    14·1 answer
  • What similarities are there between U.S. actions in Cuba and Nicaragua? Why do you think that is?
    13·1 answer
  • Which militant civil rights group was led by Malcolm X until he turned to nonviolence and left the group?
    8·1 answer
  • PLEASE HELP ME PLEASE
    13·1 answer
  • What were farmers protesting at the Whiskey Rebellion?
    15·1 answer
  • How did the Great Awakening affect the practice of religion in the colonies?
    11·2 answers
  • Which nations belonged to the Triple Entente? Austria Britain France Germany the United States Russia
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!