theres no answer choices butttt there are 3effects that explain the law of demand.
Income effect - As the price of a good increases, people purchase less quantity because they are limited by the amount of income they earn. Since it's not allowed to change, they are forced to purchase less.
Substitution effect - As the price of a good increases people purchase less quantity because they will switch to a now "relatively" cheaper substitute. The price of the substitute isn't allowed to change, so people buy more of it and less of the original.
Law of D.M.R. - As you acquire more of a good, the value of each unit decreases. Because the value is decreasing, so is the amount you are willing to pay leading to an inverse relationship between price and quantity demanded.
sorry its a long answer i dont mean to be that one person
C.both necessities,and jewels
Answer: i don't know sorry
Explanation:
Woodrow Wilson and Secretary of State William Jennings Bryan came into office with little experience in foreign relations but with a determination to base their policy on moral principles rather than the selfish materialism that they believed had animated their predecessors' programs. Convinced that democracy was gaining strength throughout the world, they were eager to encourage the process. In 1916, the Democratic-controlled Congress promised the residents of the Philippine Islands independence; the next year, Puerto Rico achieved territorial status, and its residents became U.S. citizens. Working closely with Secretary of State Bryan, Wilson signed twenty-two bilateral treaties which agreed to cooling-off periods and outside fact-finding commissions as alternatives to war.
In a statement issued soon after taking office, Wilson declared that the United States hoped “to cultivate the friendship and deserve the confidence” of the Latin American states, but he also emphasized that he believed “just government” must rest “upon the consent of the governed.” Latin American states were hopeful for the prospect of being free to conduct their own affairs without American interference, but Wilson's insistence that their governments be democratic undermined the promise of self-determination. In 1915, Wilson responded to chronic revolution in Haiti by sending in American marines to restore order, and he did the same in the Dominican Republic in 1916. The military occupations that followed failed to create the democratic states that were their stated objective. In 1916, Wilson practiced an old-fashioned form of imperialism by buying the Virgin Islands from their colonial master, Denmark, for $25 million.
