If the world price of cotton falls, firms will be less willing to supply cotton. Therefore, fewer cotton firms may open, or few people will be employed in the cotton-producing industry; therefore, the demand for labour for cotton-producing firms in South Carolina will decrease.
Since the world price of cotton falls, a textile-producing firm in South Carolina which uses cotton as only one aspect of their textiles, textile firms can buy more cotton since it's cheaper and will reduce costs. Since this is the case, the demand for cotton will increase. Because of this, more textiles need to be made, and so the demand for labour increases as a result.
The unemployment resulting from such sectoral shifts in the economy is best described as structural since demand for labour is decreasing in the primary sector and increasing in the secondary sector of the industry.<span>
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The statement above is talking about the Drive Reduction Theory. This theory, proposed by Clark Hull in 1943, talks about a certain drive that develops when a disturbance occurs in an individual's homeostasis or simply put, when someone has physical needs that need to be met.
Answer:
D. the greater the availability of close substitutes.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Goods that are inelastic in demand are usually consumer-essential goods for which there are few substitution options, such as a cancer drug. On the contrary, elastic goods are those whose price variations diminish the demand for a range of substitute goods. For example, if the price of rice goes up, people may demand spaghetti, which is a substitute good.Therefore, goods with a large number of substitutes tend to have price elastic demand.
I believe the answer is: <span>desert, hot, rugged
This climate made the region have insufficient water to sustain a lot of people and make it really hard for many agricultural crops to grow.
Because of this, not many populations able to survive in this area and many of them choose to migrate to another place.</span>
Answer:
This is an example of an experimental design.
Explanation:
Experimental design in research involves controlling the variables in order to prove the hypothesis. In an experimental design there must be an experimental group, that in this case is the group that received an herbal supplement, and a control group, that was only administered placebo. By having a control group, both groups can be measured and compared at the end of the experimental phase, to measure the influence of the independent variable.
