Answer:
(C). the quantity demanded of a product is inversely related to its price.
Explanation:
According to the law of demand, <u>when the price of a product is high, the quantity of that product that will be demanded will be low</u>, because customers won't want to pay so much to get the product.
Similarly, <u>when the price of the product drops, the the demand for it will increase.</u>
Therefore the quantity of a product demanded is inversely related to its price.
That’s correct answer is 2
Equity theory- people are most satisfied with a relationship when the ratio between benefits <span>and costs is similar for both partners.</span>
He was surprised to learn he offended his friends because in Australia, that <u>a. emblem </u>is an obscene gesture.
<u>Explanation:</u>
An emblem is the pictographic representation of a concept, like a moral truth, a symbol or a person like a king or saint. The emblem is used as a thing of symbolic representation.
The emblem is a representative symbol. It can be a trademark or logo. The emblem can be used as a pattern used to represent the abstract or the person.
The representation of the emblem may vary from one country to another. The emblem recognized by America is considered as an obscene gesture in Australia.
