The correct answer is letter C.
The law of demand says that, as a rule, price and quantity required in a given market are inversely related.
In other words, the higher the price of a product, the less people are willing or can include (everything else unchanged).
When the price of a welfare, overall purchasing power decreases (income effect) and waste changes to cheaper goods (substitution effect).
Other factors may also affect demand.
Answer:
<u><em>An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.</em></u>
Answer:I dont get what you mean by this but what Im thinking is that you asking what are resources that other organisms need like plants, trees, berries, and for human we need oil, gas, trees. Let me know if this was helpful!:)
