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
Greeley [361]
1 year ago
7

The income effect, the substitution effect, and diminishing marginal utility explain:__________

Social Studies
1 answer:
Fittoniya [83]1 year ago
8 0

They all relate to law of demand by showing that as the quantity of something goes down the price of that item will go up.

The substitution impact of a price increase is the transfer to different goods which have emerge as a quite good buy. The income effect of a fee increase is the change in consumption that results from the decrease in the buying power of customers' earnings.For normal goods, the income effect and the substitution effect both paintings inside the equal direction; a decrease inside the relative price of the coolest will increase amount demanded both because the good is now cheaper than replacement goods, and because the decrease price method that customers have a extra overall buying energy. The effect that a trade within the charge of a product has on a client's real income and consequently on the amount demanded of that good.

The regulation of diminishing marginal application applies to business in that it's miles closely connected to the law of demand. That regulation states that as income decreases, consumption increases and that as income increases, consumption decreases.

Learn more about Income effect here:-

brainly.com/question/1416285

#SPJ4

You might be interested in
Dr. Jones is trying to determine how taking an exam causes an increase in subsequent memory for material covered on the exam. Wh
snow_lady [41]

The correct answer is experimental

Considered the best methodology to be used in the scientific sector, experimental research is able to isolate structures from the outside so that there is no interference. That way, your results are much more reliable.

As it is a flexible type of research, its result can be surprising, also generating different actions from your information. This is because the variable can be manipulated by the researcher. Divided into three groups, the experimental research can be done by Experiments Only Afterwards, which only establishes two homogeneous groups for analysis, bringing differences and variations; the Before-After Experiment, with only one group undergoing analysis and undergoing some type of stimulus, the Before-After Experiment with two groups before any stimulus and control, which can be repeatedly tested until a satisfactory response is achieved.

Within these ramifications of experimental research it is very important to understand their definitions and presets. As well as the groups it can fit into, such as:

Exploratory research: based on hypotheses and intuitions, the researcher is more involved with the theme and the object to be researched. The most common is that the topic is unusual, which requires a much broader search to obtain the desired information.

Descriptive research: makes a deep analysis on the topic, which can use quantitative information, but mainly qualitative information. The most important thing is to capture all the data and make the appropriate analysis without receiving personal influence from the researcher.

Explanatory research: seeks and explains what is wrong with what is being studied. It is a research aimed at finding reality from all sides and is based on extensive technical knowledge to support it.

6 0
4 years ago
Approximately, how many national parks are there in the United States?
goblinko [34]
58 Parks. Hope this helped.
4 0
3 years ago
Define race and ethnicity. What is the difference between the two?
Alik [6]

Answer:

Race refers to a person's physical characteristics, such as bone structure and skin, hair, or eye color. Ethnicity, however, refers to cultural factors, including nationality, regional culture, ancestry, and language. ... You can have more than one ethnicities but you are said to have one race, even if it's "mixed race"

Explanation:

this should help if not let me know!

3 0
4 years ago
Read 2 more answers
Explain how the citizens can actively participate in the national government
rusak2 [61]
The most important way citizens can participate in the government is by voting, and by preparing themselves to vote: begin informed about the problems and about the actions of politicians  

Other ways include: signing petitions and pressuring the elected politicians to do something, for example by writing letters to the representatives. They can also participate in a campaign and themselves run for an office!
3 0
4 years ago
Alliteration is the repetition of
melisa1 [442]
Alliteration is the repetition of a letter at the start of or during a word.
i.e. Coca-Cola, PayPal, Bed Bath & Beyond, etc...
5 0
3 years ago
Other questions:
  • The crisis communication officer may first inform the public or health care facility of a disaster or an act of terrorism. this
    14·1 answer
  • The successful production of oil in Katalla in 1911 proved?
    15·2 answers
  • Christianity is a ____ religion.
    5·1 answer
  • Amanda, a young girl, is in love with an army officer who is deployed to Iraq. She always longs for him and is elated whenever h
    14·1 answer
  • There have been many wars in africa due to the fighting between the ?
    11·1 answer
  • Catherine is at a crowded baseball game when she loses track of her con, Nick. Despite the loud cheering and noise of the crowd,
    12·2 answers
  • How did technological advances make exploration of distant lands possible
    14·2 answers
  • True or False: Christianity is the main religion in North Africa today.<br> True<br> False
    5·2 answers
  • Why are social traditions important mention any six points?​
    15·2 answers
  • Across from the northern China Sea are two countries which, although they share the same Korean language and culture, are separa
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!