Answer:
In economics a demand is defined as the quantity of goods and services that customers are capable to buy and that they find desirable to buy at a particular price for that period of time .
Demand is dependent on the customer's needs and wants each customer may have different things that they consider to be needs to them and those they consider as just wants.
This also depends on affordability, if one doesn't have the money to buy the product then the demand isn't effective.
When the price of the product rises usually it's demand decreases and vice versa when the price fall the quantity of that product demanded will increase.
Answer:
Americans have different ideals of what is valuable for a better life.
Using the mnemonic. Hope this helps, have a BLESSED day! :-)
Thoreau meant B) No shanty comes close to as poor as mine.
<u>Explanation:</u>
Henry David Thoreau was a famous American poet and philosopher. He is best known for his book Walden. Not only essayist, he was also an advocate of civil liberties.
David Thoreau is a transcendentalist. He doesn’t have any religious beliefs but understands life relationships. According to Thoreau, life becomes easy if the demands are less. He believes that one’s demand for unwanted things causes stress in life.
The phrase “this is a dozen times as poor” used by Thoreau meant No shanty comes close to as poor as mine.
