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gavmur [86]
3 years ago
13

Which statement best compares the laws of supply and demand?

Social Studies
2 answers:
Marianna [84]3 years ago
8 0
After a little searching I found the answer choices to your question. They are:
<span>
1) The two economic laws exist in theory. They have no relation to economics in the real world. 
2)The two economic laws exist in theory. They work in practice, but real-world factors can have an effect. 
3)The two economic laws work in practice. They apply to real-world economics eighty percent of the time. 
4)The two economic laws work in practice. They prove to be true in the real world one hundred percent of the time.
The answer to your question is 4.</span>
oee [108]3 years ago
8 0

I believe the answer is: The two economic laws exist in theory. They work in practice, but real world factors can have an effect.

One example of real world factors is Emergency situation. During an emergency situation (such as food shortages) , the sellers of food product could increase the price of their product as much as they can and their demand would not fall, even though this is clearly violate the law of demand.

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Did Hatshepsut have any interesting religious beliefs?
gizmo_the_mogwai [7]

Answer:

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3 years ago
Quote from the text above where I mentioned the social contract that government gets its power from the people
rosijanka [135]

The correct answer to this open question is the following.

Unfortunately, you did not include the text. Without the text, we do not know what you are talking about.

However, we did deep research to help you and can comment on the following.

If you are talking about the Declaration of Independence of the United States, then, the social contract that the government gets its power from the people is mentioned in the following excerpt: <em>"That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..."</em>

Enlightenment thinker Thomas Hobbes was one of the thinkers that talked about the social contract.

Other Enlightenment philosophers such as John Locke also wrote about popular sovereignty.

Baron of Montesquious and Jean-Jaques Rosseau were other thinkers that proposed interesting ideas about the form of governments and people's rights, that influenced further independence movements and revolutions.

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