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:
Carley's opinion is that a puppy would be a great birthday gift. She uses scientific evidence about children learning responsibility to support her opinion.
Explanation:
The most important sources of social changes are physical environment, technology, population, cultural innovation and social conflict. The statement is true.
<h3>What is social change?</h3>
Social changes refers to those changes that occurs in human being while interacting and making relationships which transforms the society and culture as a whole.
These changes benefits the society as a whole as technological development helps the future generations for example mobile phone helps social interactions and many more.
Thus social changes are important for future growth.
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The most suitable word for Barcelona would be "enthusiastic". The word enthusiastic comes from the word itself which is "enthusiasm" that means a feeling of energetic interest in a particular subject or activity and a desire to be involved with it. For Barcelona, when you imagine the place, you ought to be interested in what's with the place and what does the place offer.
The president cannot be chief justice - this would be a breach of the separation of powers. Chief Justice is a member of the judicial branch of the government; and the president is the head of the executive branch of the government, so they should not be the same person - the answer is d)
