1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Wittaler [7]
3 years ago
6

Describe what is revealed through the law of demand. Explain what the law of demand fails to reveal about the quantity demanded.

History
2 answers:
KiRa [710]3 years ago
4 0
<h3>Describe what is revealed through the law of demand:</h3>

The law of demand is one of the most fundamental concepts in economics. It works with the law of supply to explain how market economies allocate resources and determine the prices of goods and services that we observe in everyday transactions.

<h3>Explain what the law of demand fails to reveal about the quantity demanded: </h3>

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility.

Hope this helps!

Dmitry [639]3 years ago
4 0

Answer:The law of demand is one of the most fundamental concepts in economics

Explanation:

I took the test

You might be interested in
Which statement best expresses the ideas of the Scientific Revolution?
8_murik_8 [283]

Explanation:

it replace the Greek view of nature that had dominated science for almost two thousand years. The Scientific Revolution was characterized by an emphasis on abstract reasoning, quantitative thought, an understanding of how nature works, the view of nature as a machine, and the development of an experimental scientific method.

6 0
2 years ago
What happened on January 15, 1991?
Mnenie [13.5K]
The correct answer is the third one (the deadline for withdrawing from Kuwait expires)

January 15, 1991 was the deadline the UN had set for the withdrawal of Iraqi forces from Kuwait; when the deadline passed, it cleared the way for Operation Desert Storm
7 0
3 years ago
Read 2 more answers
An example of Jefferson using military force was the ???
forsale [732]

One exmaple of Jefferson using military force is when he sent The Navy, Marines to defeat Muslim terrorist. Jefferson had written a couple of reports on the 'Barbary pirates' when he was a diplomat and believed their demands kept escalating because the only thing they understood was power," Brian Kilmeade, co-author with Don Yaeger of "Thomas Jefferson and the Tripoli Pirates," told IBD. "Although the U.S. Navy was tiny when he became president, he wasn't intimidated by the pirate fleets and decided the challenge required a military response. The First Barbary War was America's first confrontation with Islamic terrorism, and it has lessons for today."

7 0
2 years ago
After working the docks, Jim Braddock and his co-worker Mike Wilson discuss the situation of the Great Depression. How do BOTH B
Natalka [10]

Answer: The situation was really bad.

Explanation: The government in that time of Great Depression didn't do anything to help in despite of the situation.

Hope this helps.

4 0
3 years ago
What do the Anasazi and Maya cultures both have in common
murzikaleks [220]
Calendar making.

Both used the sun to track the movement of the seasons and time very accurately with intricately made solar calendars using markings made on temple walls.

5 0
2 years ago
Other questions:
  • Where did most Americans live at the time of the first census?
    10·1 answer
  • What do you think was the occasion being celebrated when Lincoln
    13·1 answer
  • I think I have the right answer but I’m not sure could someone lmk if it’s correct?
    13·1 answer
  • 3. What did ancient Greeks inherit from homer and then pass on to later civilizations? A. Democratic principles B. Epic poetry C
    7·2 answers
  • Who went to the play with Abraham Lincoln and Mary Todd Lincoln
    5·1 answer
  • A person who studies,describes and explains the past
    10·1 answer
  • What were some achievements of Sumerian culture?​
    13·1 answer
  • Study the following maps. How were Middle Eastern politics affected as a
    11·1 answer
  • Which clues helped archaeologists and historians document the existence of Sumer?
    11·1 answer
  • Our second Continental Congress
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!