When the price of the good is above 50 dollars the quantity demanded would be less than 100 units.
<h3>How does price affect demand?</h3>
The price of a good is known to have an inverse relationship with the quantity of the good that would be bought by its consumers.
The equilibrium price and quantity is at 50 $ and 100 respectively. If the price of the commodity rises above 50, people would demand less for the good.
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Answer:
In the last sixteen days of President Thomas Jefferson's presidency, the Congress replaced the Embargo Act of 1807 with the almost unenforceable Non-Intercourse Act of March 1809. This Act lifted all embargoes on American shipping except for those bound for British or French ports
Explanation:
Answer:
Soviet Expansion into Eastern Europe 1945
Communist victory in China 1949
1950s McCarthyism
Korean War 1950-53
Domino Theory
I don't believe that people can be born with prejudices. It's just not possible. I think it's something learned. Why? Because the environments and people a person is exposed to when he/she is young shapes the way that person thinks.
Ways of thinking (including prejudices) are not biologically hereditary, therefore you cannot be born with them. If ways of thinking were hereditary and you can be born with ways of thinking, then wouldn't children always be in agreement with their parents?
Anyway, therefore, prejudices are always something learned, based on who a person learns from, and what environments that person is around.