Answer:
D. the greater the availability of close substitutes.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Goods that are inelastic in demand are usually consumer-essential goods for which there are few substitution options, such as a cancer drug. On the contrary, elastic goods are those whose price variations diminish the demand for a range of substitute goods. For example, if the price of rice goes up, people may demand spaghetti, which is a substitute good.Therefore, goods with a large number of substitutes tend to have price elastic demand.
Answer:
I think people didn’t want to buy as much food or products from out of their country because they would have to pay more and more money if they bought a lot of things outside of there country. I think the cause of theater was the tariffs.
Explanation:
An important function of the house majority leader is to be like an agent or spokesperson for the majority party in the House of Representatives.
Before 1453, Europeans had enjoyed relatively easy access to the East. Trade had been going on for centuries between Europe, the Indies (roughly South and East Asia) and China through the Silk Road, a land passage. However, in 1453, with the fall of Constantinople to the Ottoman Turks, tensions between Christians and Muslims rose, and the passage became a lot more restricted and dangerous.
This change motivated Portuguese navigators to try to find another route to the East through the ocean. The first promising strategy was the Cape Route of Bartolomeu Dias in 1488, around South Africa. However, there were other proposals that suggested going west. This is what Christopher Columbus attempted, which led him to discover America. These events led to the beginning of the Age of Exploration, which ended with the exploration of the polar regions in the 20th century.
Answer:
they are the right to vote, the right to carry a firearm, and the right to vote.