The income effect is the change in the demand of the goods and services as an result of the change of the The increased voluntary income of the consumer. Hense, the best option that describes the income effect is;The increased income earned by suppliers because of high prices. :)
Answer:
The Church was the single most dominant institution in medieval life, its influence pervading almost every aspect of people's lives. Its religious observances gave shape to the calendar; its sacramental rituals marked important moments in an individual's life (including baptism, confirmation, marriage, the eucharist, penance, holy orders and the last rites); and its teachings underpinned mainstream beliefs about ethics, the meaning of life and the afterlife.
Explanation:
If the price of something increases, this means that it will cost more. People don't usually like to pay more if they can pay less, so they might decide against paying more and against buying more.
So in the future, after the increase, they will buy less gas.
The correct answer is: less.
The answer to the question above is letter D. Establishing a society based on a cooperation and equal distribution of wealth according to Karl Marx and Frederic Engels would require a REVOLUTION. The era where the power driven machinery were began to develop and called to be the Industrial Revolution.
Answer:
Similar Audiences for Search
Explanation:
In internet marketing, Similar audiences for search is a marketing technique that is aimed to target other people who often use similar queries on search engine as your existing customers.
People who use similar queries often have similar characteristics in term of current needs and level of income. Targeting this group of people tend to be really efficient in expanding your total market share.
