Answer:
A. positive cross-price elasticity of demand
Explanation:
For substitute goods we always have a positive cross-price elasticity of demand. The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases.
For example, if the price of a
brand of beverage increases, the quantity demanded for a substitute beverage increases, this happens because consumers will quickly switch to a less expensive yet substitutable alternative. In the cross elasticity of demand formulae both the price and product are positive.
Their annual income is below 23,000 dollars
Answer:
The Articles established a national government during the American Revolution.
Answer:
Lord or Ruler
Explanation:
Lord or Ruler is the group of people that started the process of giving land to other groups in the feudal system.
The other groups in which the Lord or Ruler gives land are known as Vassal. They give their military services or loyalty in return for the land given to them by the Lord or Ruler.
Answer:
- Territory
The louisiana purchase basically doubled the size of our country. This allow united states to invite more citizens to migrate to our country and settle on the new land.
- Economic benefits.
The increase in immigrants and large number of natural resources in Louisiana made untied states able to produce a lot more goods than before. This contributed to the expansion of US economy in the long run.
- closer proximity to British and Spanish territory at the same time.
As you can see on the map, the territory is really close to the territory owned by Spanish and British empire.
This means that the new territory can be used as a strategic location to distributes the goods to both Spain and Great Britain. This increased US' target market.
