1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hichkok12 [17]
3 years ago
11

What is a basic principle of the law of demand?

Social Studies
2 answers:
natita [175]3 years ago
5 0

Answer: C: When a good's price is lower, people will buy more of it.

A basic principle of the law of demand is that when a good's price is lower, people will buy more of it.

Explanation:

The law of demand states that all things being equal, the higher the price, the lower the quantity demanded and vice versa (the lower the price, the higher the quantity demanded ). Price and quantity demand of any good and service are inversely related to one other. When the price of a good increases, the demand for the same good will fall.

Demand refers to the quantity of goods and services which a consumer is willing and able to buy at a given price.

nadezda [96]3 years ago
4 0

When a good’s price is lower, people will buy more of it. Confirmed 100%

You might be interested in
Explain squantos importance to the pilgrims
Sindrei [870]
He showed them how to farm and harvest food.
4 0
3 years ago
Read 2 more answers
According to one national highway traffic safety administration (nhtsa) study of multistate fatal collisions, how many drivers h
Mars2501 [29]
<span>According to one national highway traffic safety administration (nhtsa) study of multistate fatal collisions,  ONE IN FIVE </span><span>drivers had drugs other than alcohol in their bodies
People who drives under influence of alcohol are often the people that considered as 'reckless' and 'irresponsible' by the society. So it's not unconventional to assume that these people also uses another form of drugs beside alcohol.</span>
8 0
4 years ago
Read 2 more answers
Since sole proprietorships have __________, personal assets may be used to pay business debts.
creativ13 [48]

Answer:

Unlimited liability (B)

Explanation:

In a sole proprietorship, the business is not treated as a separate entity from the owner, thus when the owner incurs debts and is unable to clear, personal assets may be used.

5 0
3 years ago
Read 2 more answers
What was the basic unit of the roman army
Katarina [22]
The legion was the basic unit of the roman army.

6 0
3 years ago
Max believes that most people's racial beliefs are based on images conveyed in popular media since many people never meet member
Verizon [17]

Answer:

The answer is symbolic interactionist.

Explanation:

Symbolic interactionism states that societies create mental images or "symbolic worlds" through their interactions.

In the example, Max believes the perspective for racially biased people was created due to the media's input. This also implies that actual interaction with members of different races would create a totally different "symbolic world".  

4 0
4 years ago
Other questions:
  • The Principal Investigator is responsible for disclosing in a protocol submitted to the Institutional Animal Care and Use Commit
    5·1 answer
  • Is it possible to make generalizations about the people of China based on where they live? Explain.
    13·2 answers
  • A person who is on trial for a crime and “Takes the Fifth” is _____.
    7·1 answer
  • What shapes weather and climate?
    10·1 answer
  • How did the Peter the Great reorganize the government?(Multiple Choice)
    5·1 answer
  • Now it’s time to write about what you believe about the First Amendment. Here is your topic: Should students be able to criticiz
    8·1 answer
  • According to Ivey, consciousness represents the psychological present. What is the typical length of the psychological present?
    5·1 answer
  • My opponent says we should respect the values that have guided us in the past and draw strength from them. But this election isn
    7·1 answer
  • Bethany is working to design an elementary school. she knows that she wants bold, bright colors to make the space cheerful and a
    11·1 answer
  • Why did the National Fallen Firefighters Association develop the 16 Firefighter Life Safety Initiatives in 2004?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!