With the increase or decrease of the prices of substitutes, the demand of the substitute goods also decreases or increases.
Explanation:
Substitutes are the products which can be used in place of another product. For example, a cup of coffee can be taken instead of a cup of tea, or Coke can be taken instead of Pepsi.
Change in the price of Substitutes can affect the demand of other substitutes. If the price of a product increases, then the demand of its substitute increases, and if the price of the product decreases, then the demand of its substitute also decreases.
We can understand this relation with an example. Suppose the product is tea. The substitute of tea is coffee. If the price of tea increases, then people will definitely move towards the substitute, which is coffee. This will increase the demand for coffee. Similarly, if the price of tea decreases, people will buy more tea than coffee, which will decrease the demand for coffee. This is how the substitutes affect demand of each other.
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Answer:
Because he was very racist and believed black people should've remained enslaved
Explanation:
Answer:
1.) a political viewpoint that favors native inhabitants over immigrants
Explanation:
Martin Luther's efforts to reform the Roman Catholic Church led to the greatest religious schism ever seen in Europe.
The Catholic Church's inadequate response to Luther's very fair critiques led other groups to speak out and write, causing ideas and critiques to spread.
This led to the rise of Calvin and Zwingli in Switzerland and the rise of British reform efforts which eventually led to the seizure of the monasteries and the establishment of the Anglican Church.
All thirteen states had to approve the Articles before it would be in effect.