Answer:
a. big fish in a little pond
Explanation:
Coming soon
Answer:The demand curve for doughnuts will shift to the left.
Explanation:
For close substitute products the effect on the price of one substitute will affect the demand of the other substitute, if one substitute faces price fall the demand of the other substitute will fall .
How does Shifts in demand occur?
Depending on the demand the curve will shift to the right or left
When the demand increases the demand curve shift to the right .
Which may be due to things like a price increase of a substitute or a price fall of the complement.
This shift to the right is mostly determined by how popular a product is which could make people buy it irrespective of how much it cost.
Decreases in demand will result in shifting of a demand curve to the left which may be due to a price fall of the substitute product or a rise price of the complement or when people no longer have enough money to buy the product.
Answer:
True.
Explanation:
We need to establish our own concepts about what happiness is and what makes us happy. That's because the best person to know our conditions of happiness is ourselves and what makes us happy, may not make another person happy. In this case, we must not depend only on the concept of soutros on what it is that can lead us to happiness, but first of all to establish what makes sense and is beneficial to us, so we will avoid professional and personal unhappiness.
Answer:
In a free-market system, consumers and producers have sovereigns that drive the market and decisions made to ensure that supply and demand are stabilized. Consumers have options. Because of this, they have access to goods that they demand at competitive prices.
