The answer is Each individual buyer’s demand curve will be Vertical and the market demand curve will be Downward sloping.
The demand curve could be a graphical representation of the connection between the value of an honest or service and therefore the quantity demanded for a given period of your time. in a very typical representation, the value will appear on the left vertical axis, the amount demanded on the horizontal axis.
The demand curve will move downward from the left to the correct, which expresses the law of demand—as the worth of a given commodity increases, the amount demanded decreases, all else being equal.
Note that this formulation implies that price is that the variable, and quantity the variable. In most disciplines, the experimental variable appears on the horizontal or x-axis, but economics is an exception to the current rule.
The degree to which rising price translates into falling demand is named demand elasticity or price elasticity of demand. If a 50% rise in corn prices causes the number of corn demanded to fall by 50%, the demand elasticity of corn is 1. If a 50% rise in corn prices only decreases the amount demanded by 10%, the demand elasticity is 0.2. The demand curve is shallower (closer to horizontal) for products with more elastic demand, and steeper (closer to vertical) for products with less elastic demand.
Other factors can shift the demand curve similarly, like a change in consumers' preferences.
Learn more about Demand Curve here
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Answer:
at the very least, understand the basics of the sport in question
Explanation:
A publicist is an individual who generates and manages publicity for a company, a brand, or a public figure. If the publicist works for a sports company/magazine they need to, at the very least, understand the basics of the sport in question such as the rules, basic terminology used, player names/states, etc. This is because they need to write articles that make sense, and since the audience reading them will be very well versed in the sport, then the information provided needs to be accurate.
Answer:
Econometrics.
Economic policy.
Legal studies.
Money and banking.
Global finance.
Economic history.
International trade.
Collective decisions.
Explanation:
I believe this is what you are asking for. Hope this is helpful :).
Answer:
A) which the average rate increases as income increases.
Explanation:
A progressive tax is a tax that increases in tax rate as the taxable amount increases. The tax is termed "progressive" because it refers to the increment or progression of the tax rate from low to high, which by implication means that a taxpayer's average tax rate is less than the person's marginal tax rate.
Another term that describes the progressive nature of income taxes particularly in developed economies like the United states and United Kingdom, is the acronym P.A.Y.E which means Pay As You Earn. Ta payers are expected to pay higher tax rates for higher income brackets
for Plato the correct answer is D. overtime (wages) paid to workers :)
