With the increase or decrease of the prices of substitutes, the demand of the substitute goods also decreases or increases.
Explanation:
Substitutes are the products which can be used in place of another product. For example, a cup of coffee can be taken instead of a cup of tea, or Coke can be taken instead of Pepsi.
Change in the price of Substitutes can affect the demand of other substitutes. If the price of a product increases, then the demand of its substitute increases, and if the price of the product decreases, then the demand of its substitute also decreases.
We can understand this relation with an example. Suppose the product is tea. The substitute of tea is coffee. If the price of tea increases, then people will definitely move towards the substitute, which is coffee. This will increase the demand for coffee. Similarly, if the price of tea decreases, people will buy more tea than coffee, which will decrease the demand for coffee. This is how the substitutes affect demand of each other.
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Answer:
The correct answer is manifest, latent.
Explanation:
Manifest functions refer to the consequences that people tend to observe or even expect. For example, in the given scenario it is mentioned that following famous activists, academics, and politicians on Twitter can influence the public opinion. Here the followers just observe the actions and ideas of the personalities they follow and nothing more. Therefore, it will be an example of manifest function.
Latent function refers to the situations which are rather unintentional. For example, the question mentions that some classmates become more close while reading and exchanging tweets. There is no intention of friendship involved so it will be an example of latent example.
The federal personal income tax is an example of a progressive tax.
<u>Explanation:</u>
- A progressive tax is defined as the taxable amount increases when the tax rate increases. The term progressive is known as the increase from low to high.
- A person's marginal tax is high when compared to the taxpayer's average tax rate.This progressive tax will tend the people who have a lower ability to pay will pay less and who are the higher ability of pay will pay high.
- To know that clearly, it is the personal income tax. People with lower income will pay less tax and people with higher income will pay high taxes
- Britain Prime Minister William Pitt the Younger was introduced the first modern income tax.
Answer:
The 14th Amendments Equal Protection Clause
Explanation: This clause requires that all people residing in the US should be treated the same. The 14th's Equal Protection Clause forces states to govern impartially and not draw distinctions between individuals solely on differences that are irrelevant to a legitimate governmental objectives. Equal Protection Clause makes no distinction between citizens and non-citizens.
Answer:
he consistently kept the interests of black workers at the forefront of the racial agenda. andolph’s understanding of the economic needs of blacks predated the riots that drew the nation’s attention to them. He also became a critic of the black power movement, which he believed was programmatically bankrupt.
Explanation:
