It is evident from the problem statement that an overall price reduction of Nike air max shoes will lead to an increase in the demand for the shoe.
In Economics, the relationship between price and demand is stated as follows <em>"If all other factors remain equal, the higher the price of a good, the </em><em>fewer</em><em> people will </em><em>demand</em><em> that </em><em>good</em><em>. In other words, the </em><em>higher</em><em> the price, the </em><em>lower</em><em> the </em><em>quantity</em><em> demanded and vice versa."</em>
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In all, the Law of Demand tells us that if more people want to buy something, given a limited supply, the price of that thing will be bid higher, also of the price of something is low the demand will be high.
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Answer:
3/1 tsp. or 3 tsp.
Step-by-step explanation:
3/4 times 4
Answer:
D
the first one obviously isnt random
the second one is selective then random
the third one is also selective
the fourth one is random
1/5 i hope it helps. We knows this because 20 times 5 is 100. 5 times 2 is 10.
