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Musya8 [376]
3 years ago
11

What happens to the price of a good or service when the SUPPLY is HIGH and the

History
2 answers:
xeze [42]3 years ago
7 0

Answer:

B. The price goes down.

Explanation:

If it was Supply is LOW and Demand is HIGH the it would be C. The price goes up

Plus, I took the test

Hope this helps :D

Yakvenalex [24]3 years ago
5 0

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.

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Why did American college enrollment rise early in the Vietnam War?​
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2 years ago
PLS HELP! Russian withdrawal from world war 1 can be linked directly to
mafiozo [28]

The correct answer is A. The October Revolution in Russia.

Explanation

The First World War was a warlike confrontation that occurred in Europe between the years 1914 - 1918, in which most of the European power countries were involved, aligned on two sides, on the one hand, there was the Triple Alliance formed by the Central Powers: the German Empire, Ottoman Empire, Bulgaria, and Austria-Hungary. And on the other side was the Triple Entente, made up of the United Kingdom, France, Italy, the Japanese Empire, the United States, and the Russian Empire. On the other hand, the internal situation of Russia had been deteriorated by internal factors such as the weakness of the Russian army, the growing proletarian class that had aligned itself with socialist ideas, the loss of territory due to the war, the misery in some areas of the country, and the discontent of the population against the Tsar. Therefore, the revolution occurred at the hands of the soviets, a proletarian group that demanded that power be placed under their power to turn Russia into a Socialist State and get out of the war that had used a large part of the economic resources with those that the country counted and that had caused scarcity and poverty to many Russians. Finally, on November 7, 1917, the so-called "October Revolution" broke out, led by Leon Trotsky and Lenin, who formed the first Soviet government, the Council of People's Commissars, made up of characters called to play an important role in the future. like Trotsky, Stalin, and Rykov. Therefore, the correct answer is A. The October Revolution in Russia.

5 0
2 years ago
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