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kirza4 [7]
3 years ago
6

What Amendment contains the five basic freedoms associated with the American way of life and all that most hold dear as a U.S. c

itizen?
Social Studies
2 answers:
MrRa [10]3 years ago
7 0
The 1st Amendment, it gave us the freedom of speech, religion, petition, press, and assembly.
Paha777 [63]3 years ago
7 0
The First Amendment contains the five basic freedoms associate with the American way of life and all that most hold dear as a U.S. citizen.
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With the increase or decrease of the prices of substitutes, the demand of the substitute goods also decreases or increases.

Explanation:

Substitutes are the products which can be used in place of another product. For example, a cup of coffee can be taken instead of a cup of tea, or Coke can be taken instead of Pepsi.

Change in the price of Substitutes can affect the demand of other substitutes. If the price of a product increases, then the demand of its substitute increases, and if the price of the product decreases, then the demand of its substitute also decreases.

We can understand this relation with an example. Suppose the product is tea. The substitute of tea is coffee. If the price of tea increases, then people will definitely move towards the substitute, which is coffee. This will increase the demand for coffee. Similarly, if the price of tea decreases, people will buy more tea than coffee, which will decrease the demand for coffee. This is how the substitutes affect demand of each other.

Learn more about substitutes at:

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Who is an entreprenuer?
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An intrepreneur is an individual who creates a new business, bearing most of the risks and enjoing most of the rewards. ... Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities.

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