<span>The United Sates government kept a price ceiling on gasoline.</span>
<h3>Describe what is revealed through the law of demand:</h3>
The law of demand is one of the most fundamental concepts in economics. It works with the law of supply to explain how market economies allocate resources and determine the prices of goods and services that we observe in everyday transactions.
<h3>Explain what the law of demand fails to reveal about the quantity demanded: </h3>
The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility.
Hope this helps!
Answer:
Hi. Did you ever figure this one out? Thanks!
Explanation:
It was so difficult to live under the mongols government because they are taking over some countries.
Answer:
is supposed to keep the government small and keep the government from violating our god-given rights keep us free from invasions and allow the citizens of each state to participate in government. what it is supposed to do for the state is coordinate them facilitate inteaction among them make sure each date is treated fairly and give each state a voice in the federal government unfortunately since the Constitution is not following very well these days to a great degree those in government are allowing it to do its job that's why we are in such a mess in Washington
