Answer:
This is the result of law of demand and elasticity of demand
Explanation:
The law of demand states that, other things remaining equal, the higher the price of a commodity, the lower the quantity demand of that commodity. Also, the observed goods in the question is a normal good because all normal goods obey the law of demand.
In addition, the price elasticity of demand is ELASTIC. This means the good is sensitive to price. A 1% increase in price will lead to a significant decrease in quantity demanded.
Also the income elasticity of demand is negative, meaning an increase income means the quantity demanded will decrease. This usually happens for inferior goods.
All these three points can cause it
The fallacy of the statement
‘Your grandfather died in World War II; you of all people should support
veterans" is the support of the veterans. His grandfather was killed by the veterans and the narrator wanted
him to support the veterans. This is an example of persuading an argument that is not logical and invalid.
I believe the answer is: D. bond prices
Bond prices is determined by the mutual agreement between the company who issue the bond and the investors who bought them along with its value in the market. federal Open Market Committee only has the jurisdiction in United States Treasury securities and banking operation.
Answer:
Topic Building
Explanation:
Sam is at this point trying to build his topic for the speech.
It is based on this topic a speech write up will be made.
<span>Arbitrage causes an equalization of the
rate of return of assets when assets are identical or nearly identical.
</span>
We can define arbitrage as it is the activity that generates
dependable profits by means of selling one asset and buying the same or nearly
same asset to advantage from temporary differences in fees or costs of return;
the exercise that equalizes expenses or returns on comparable financial gadgets
and hence removes further opportunities for without any risk economic advantage.
