This is the law of supply and demand.
The law of supply and demand includes two basic economic principles that describe how price changes affect the supply and demand for an asset, commodity, or product.
All else being equal, the law of demand states that demand for a specific product changes in inverse proportion to its price. In other words, as the price rises, so does the demand for the product. Cost changes for a good or service are related to the quantity supplied by the law of supply. Unlike the law of demand, the law of supply shows the relationship between two is direct rather than inverse.
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Answer:The Kerner commission left scant doubt that it regarded white racism as the tinder igniting the 1960s riots. Anger over policing and inequality boiled over in 1967 in protests and violence across the United States. A landmark report warned that without major changes, it would happen again.
Explanation:
The mid-west region was most common in the 19th century
<span> the people wanted their </span>sins<span> to be forgiven, to go to heaven or to take back goods from the </span>Holy<span> Lands or because they had </span>committed<span> a crime and were forced by the church to go on a Crusade. And some people just went on Crusades for fun. Taking back Jerusalem was the main reason why Crusades occurred.</span>
<h2>The functions of money are: </h2>
Explanation:
Medium of exchange: Without money, transactions would have been done by barter system, which involves direct exchange of good or service for another. This helps to facilitate transactions.
Store of value: Money should hold its value over time. If money could not be stored for some period of time, the double coincidence of wants problem would have remained complicated.
Unit of account: Money is also considered as a unit of account, focusing on the value of goods and services being exchanged.
