Answer:
Bad things will happen to you.
Explanation:
Raising prices can cuase market crashes and possibly strikes so raising prices on cheap items that have been that way for a while arent good especially when something bad is oging to happen, you should get a 2nd opinion this is just mine.
Answer:
None of the options are False.
Explanation:
CA means Current Account Balance
T means Taxes
G means Government Spending
S equals National Savings and
I equals Investment
Cheers!
Answer:
Substitution
Explanation:
Principle of subsitution states that no consumer should buy a product for a high price of he can get an alternative (duplicate) that is of a cheaper price.
Substitutes are alternatives that provide similar satisfaction to the customer.
When the price of one product goes up the customer has a choice of going for an alternative.
For example honey and sugar are substitutes. When the price of one goes down people will go for the cheaper alternative. This acts as a price control mechanism.