It is evident from the problem statement that an overall price reduction of Nike air max shoes will lead to an increase in the demand for the shoe.
In Economics, the relationship between price and demand is stated as follows <em>"If all other factors remain equal, the higher the price of a good, the </em><em>fewer</em><em> people will </em><em>demand</em><em> that </em><em>good</em><em>. In other words, the </em><em>higher</em><em> the price, the </em><em>lower</em><em> the </em><em>quantity</em><em> demanded and vice versa."</em>
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In all, the Law of Demand tells us that if more people want to buy something, given a limited supply, the price of that thing will be bid higher, also of the price of something is low the demand will be high.
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He can buy up to 8 bodies of soap.
I hope this helps!
Answer:
a reflection is an isometry, which means the original and image are congruent, which can be reffered to as a flip
Step-by-step explanation:
This can be solve by establishing equations.
let x be the miles mrs. storey drove
y be the miles mr storey drovee
the first equation is
y = 3x
second equation
x + y = 3200
then substitute equation 1
x + 3x = 3200
4x = 3200
x = 800 miles mrs storey drove
y = 3x = 2400 miles mr storey drove
