Demand changes when the quantity demanded at every price changes. This happens when consumers’ willingness and ability to buy changes. Demand shifts can be caused by changes in income and in consumer tastes and preferences. Demand is also influenced by changes in the price of a complementary good or in the price of a substitute. Demand shifts cause changes in markets. When consumers understand the basics of demand they understand that their buying choices are important. Consumer demand influences which goods and services are available, the quantities available, and the prices of the goods and services we buy.
The Factors that affect the demand are First, Willingness to
buy convey a desire, based on what economists call tastes and preferences. You may need nor want something, you will not
buy it then the Ability to buy convey that income is important. Second, size or
composition of the population can affect demand. The more children a family
has, the greater their demand for clothing. There is a need for the
Consumer to understand the changes because if there is greater demand there is
a greater supply.
The correct answer is individual ethics. Individual ethics
or personal ethics focuses more on an individual’s own belief about right and
wrong and even morality in which they are also likely to be affected by factors
such as family, peers and even upbringing in general.
A. Congress used legislation to take back power that previous Presidents had assumed.
<h2>Explanation:</h2>
Congress used legislation to take back power that previous presidents had assured this is the example of check and balance that the war power resolution has.
