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zhuklara [117]
3 years ago
13

Experts believe the first people to live in north america were

History
1 answer:
Aliun [14]3 years ago
5 0
Native American Indians. 
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50 is your correct answer
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How do changing prices affect supply and demand?
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Typically changing prices only affect supply and demand when one creates artificial demand for it. In almost any cases, it is typically the supply and demand that affects the price changes.

We must firstly understand how supply and demand affect changing prices before we can understand the opposite effect. For example, if there is 100 units, and there are only 50 buyers, the supply is more than the demand. To generate artificial demand therefore, the supplier may lower the prices in an effort to sell off all units. On the other hand, if there is 100 units, but there are more than 100 buyers, than the supplier may raise the prices. This lowers the demand for the product as well as maximizing profits. This example assumes that there is only one supplier of the unit that is in demand.

If however, the supplier has competitors within the field (and is not bound by law to set a certain rate), they may change the prices to be lower than their competitors, in an effort to increase more demand for the prices. It would artificially drive down prices, thereby making profits less. If competitors are not able to survive with less profit and/or be able to lower their own prices, they would be forced to go out of business, either by closing or selling their shops. In turn, when the original company buys up their competitors assets, they then hold a monopoly or close to a monopoly of the given field. This allows them to artificially change the price on their own discretion, typically known for the term <em>price-gouging</em>. Historically in the United States, this has occurred, especially in the oil industry, but price-gouging of many consumer necessities have been banned and a official rate has been set for them.

Essentially, in a true supply and demand, changing a price to be higher than market value may lead to a lower demand, and therefore a surplus of the product, which leads to a artificial low price, while changing a price to be below market value may generate higher demand, which in turn leads to a artificial high price.

~

5 0
2 years ago
list five or six methods, strategies, or tactics the abolitionists used to sway public opinion in support of their cause
lbvjy [14]

Answer:

1. Bandwagon

Bandwagon is defined as the strategy that persuades the people to act and think in the same way that other people do.

2. Loaded Words

It is a strategy which involves the use of terms or words that have powerful connotations. One example of loaded words is the name-calling.

3. Transfer

Transfer is defined as the strategy that makes an irrational association between two things.

4. Snob Appeal

It is a strategy that makes a declaration that an individual must think and act in a particular way since that the thought and action are connected in the high-status.

5. Unreliable Testimonial

It is a strategy that uses incompetent and unsuitable individuals to promote an opinion or action.

6. Vague Terms

Vague terms are defined as the strategy that opposes or promotes a judgment by the use of terms or words which are too vague to understand the meaning.


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3 years ago
If it were not for this guy, teenagers would be unable to talk on the phone.
galben [10]

Answer:

Alexander Graham Bell.

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