Answer: Decrease, Increase, Price flexibility.
Explanation: According to classical economics, a decrease in aggregate demand causes the price level to DECREASE in the long run. On the other hand, an increase in aggregate demand causes the price level to INCREASE in the long run. These changes occur because of PRICE FLEXIBILITY.
In a flexible market the forces of demand and supply determines the prices of commodities in the market.
As the demand Falls the prices also fall as the demand rises the prices of commodities also rises.
Answer:
B
Explanation:
Economic base are businesses that generate employment in a community or a geographical area.
Economic base analysis is a theory that posits that activities in an area divide into two categories:
1) Basic industries are those exporting from the region and bringing wealth from outside.
2)Nonbasic industries support basic industries.
The basic industries of a region are identified by comparing employment in the region to national norms.
Since smoking is very popular. (1 billion people smoke) It would be very important if they start with researching about smoking, so they can hopefully reduce the amount of smokers in the world.
Answer:
You be looking to relocate your business to Delaware
Explanation:
Delaware is one of the 50 states of the United States, in the Mid Atlantic region. The weather condition in Delaware is very conducive in growing a maple tree.
