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3 years ago

Which statement describes the substitution effect?

Social Studies

2 answers:

Vilka [71]3 years ago

6 0

As the price of goods rises, people will substitute other products.

Zina [86]3 years ago

5 0

The correct answer is: "As the price of a good rises, people will substitute other products".

The substitution effect (SE) is derived from a product's price variation, together with the income effect (IE).

If the price of a product rises, demand of the product decreases (law of demand) because consumers will switch and demand a substitute good instead, as such goods would allow them to satisfy the same individual need of preference (that is the ultimate objective when making a purchase).

For example, if the price of orange juice rises, some consumers will not be willing to pay the new price and will prefer to consume cheaper peach juice, that satisfies the same need.

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timurjin [86]

Rodney King case illuminate the differences between how black and white Americans saw the police and the justice system is explained.

<h3>What was Rodney King case?</h3>

The Rodney King case illustration, that the police profit from a double standard when defining illegal activity, which causes minorities to have a negative perception of the police.

Some key feature of this case are-

As the Los Angeles riots that followed the acquittal of the white police officers accused of beating the black motorist showed, this cynicism can lead to civil unrest.
Only the serious possibility of criminal prosecution will have an influence on police wrongdoing because civil lawsuits and civilian review boards have failed to stop police brutality.
The existing situation, in which almost all prosecutors choose not to launch a meaningful challenge to widespread police brutality, may be improved with citizen access to a grand jury.

To know more about the challenges faced by minorities (African Americans) in U.S, here

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2 years ago

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3 years ago

According to the crash course video, how can the constitution be described as a document

Flura [38]

Sorry, but this question is incomplete.

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3 years ago

Which of the following New Deal Programs helped raise the price of cotton in Georgia?

FinnZ [79.3K]

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Explanation:

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3 years ago

A model refers to: a. a perfect replica of reality. b. facts, measurements, or statistics that describe the world. c. a simplifi

sashaice [31]

Answer: c) simplified description or representation of reality.

Explanation:

Model is defined as the representation of any object, person or real-world component through its structure, illustration, form and description. It helps in enhancing the understanding of the entity through the formation of replica of that entity.

Other options are incorrect because fact, statistic ,observation or any other measurement unit does not describe the model that is representing any real world entity. Thus, the correct option is option(c).

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3 years ago