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Eddi Din [679]
3 years ago
6

One reason that the quantity demanded of a good increases when its price falls is that the:

Social Studies
1 answer:
nlexa [21]3 years ago
6 0

Answer:

b. lower price increases the real incomes of buyers, enabling them to buy more.

Explanation:

The law of demand states that;

-the higher the price, the lower the quantity demanded.

- the lower the price, the higher the quantity demanded.

This law is true considering the fact that consumers tends to buy more when the price is low and vice versa.

One of the most important factor in determining the quantity demanded of a product is the price of the product itself. It means consumers tends to demand for more when the price is low.

When price of a product reduces, the real income of buyers will have effect thus enable them to buy more.

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The newspaper editor could be convicted of violating the Sedition Act.

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MrMuchimi

Answer:

the college wage premium

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              The college wage premium is the difference between the average earnings  those earned by individuals with a college degree but is not a graduate and the one who did not attend college and do not have a college degree.

             In the context, Don and Cal are both friends. After their school, Don joined to work in an organization while Cal attended university and earned a college degree and then he joined an insurance company. Don earned 40,000 dollar in a year in his 10 years of work while Cal earned 70,000 dollar in one year after working for 5 years. This difference is due o the college wage premium which states that a college graduate degree would earn you more wage than a non graduate degree.

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The mexican government didn't want them to, so they closed them down
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frez [133]

Answer:

Jerremy has arrived at an (incorrect) fallacious conclusion.

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Jeremy in assuming that there is a direct correlation between the two factors: being vegetarian and going to the moon. However that is nos not true, those events have no proven direct correlation on their own, so, becoming a vegetarian will not increase the probability of him going to the moon. Even if a correlation could be proven it would be possible to assume that being an astronaut increases the chances of one being vegetarian, not the other way around.

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