They all relate to law of demand by showing that as the quantity of something goes down the price of that item will go up.
The substitution impact of a price increase is the transfer to different goods which have emerge as a quite good buy. The income effect of a fee increase is the change in consumption that results from the decrease in the buying power of customers' earnings.For normal goods, the income effect and the substitution effect both paintings inside the equal direction; a decrease inside the relative price of the coolest will increase amount demanded both because the good is now cheaper than replacement goods, and because the decrease price method that customers have a extra overall buying energy. The effect that a trade within the charge of a product has on a client's real income and consequently on the amount demanded of that good.
The regulation of diminishing marginal application applies to business in that it's miles closely connected to the law of demand. That regulation states that as income decreases, consumption increases and that as income increases, consumption decreases.
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Answer:
This helps people find shelter,food and important devices to help them live
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Answer:
c. Is personally liable for partnership debts.
Explanation:
This is the statement that best describes a general partnership. A general partnership is a financial arrangement in which two or more individuals agree to share assets, profits and liabilities. Therefore, a general partner would be liable for partnership debts. Moreover, these liabilities are unlimited (not capped) and can be paid through the seizure of the partner's assets.
Answer: Phonology
Explanation:
Phonology is the study of how sounds perform in languages through stress, accent, intonation, the structure of the syllables within a language.
Lauren's ability to understand various sounds and speeches falls into the category of Phonology.
Answer:
Unity in Diversity is very important for a country because it is very easy to disintegrate people with different views and ideologies. If there is unity among the people despite their differences, it will always be impossible for a force to disintegrate the nation.
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