They all relate to law of demand by showing that as the quantity of something goes down the price of that item will go up.
The substitution impact of a price increase is the transfer to different goods which have emerge as a quite good buy. The income effect of a fee increase is the change in consumption that results from the decrease in the buying power of customers' earnings.For normal goods, the income effect and the substitution effect both paintings inside the equal direction; a decrease inside the relative price of the coolest will increase amount demanded both because the good is now cheaper than replacement goods, and because the decrease price method that customers have a extra overall buying energy. The effect that a trade within the charge of a product has on a client's real income and consequently on the amount demanded of that good.
The regulation of diminishing marginal application applies to business in that it's miles closely connected to the law of demand. That regulation states that as income decreases, consumption increases and that as income increases, consumption decreases.
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During 1803, Napoleon Bonaparte, who was the French ruler at that time, controlled the Louisiana Territory. President Jefferson believed that the French leader may be a threat to American trade and travel, so he decided to negotiate the Louisiana purchase. By doing so, the US would be able to use the Mississippi River and the Port of New Orleans more freely; both ports had been used by farmers to ship their crops and get paid. Jefferson was able to buy the Louisiana territory from France, since Napoleon Bonaparte needed money for the Great French War. As a result, with the purchase of this new territory, the land area of America nearly doubled.
Answer:
scrim, I think
Explanation:
sorry if its not right but im prettry sure it is
C - 'cause the society is industrializing and needs factory workers
Answer:
Nepotism is the practice among those with power or influence of favouring relatives or friends, especially by giving them jobs.
Favoritism is the practice of giving unfair preferential treatment to one person or group at the expense of another.
