<u>Demand for goods and services in an economy is affected by consumer preferences and / or price of products. The exercise deals only with the increase or decrease in demand due to preferences.
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Preferences are based on tastes, conventions and information about the consumption of products. If a preference increases consumption, the demand curve shifts to the right. (type 2). If preferences decrease demand, the demand curve shifts to the left (type 1).
Non-price determinant causing the demand to decrease
more people embreance an oil free diet
Non-price determinant causing the demand to increase
more people use oil for skin and hair care
doctor recommend the use of saffower seed oil
new reports about benefits
When a country is more specialized, it's able to make something or know how to make something better. If two countries are specialized in different areas, they can each trade their advanced goods instead of each country making moderately good products.
Answer:
A) True
Explanation:
Multiculturalism is defined as the existence of varied cultures and ethnic societies and identities together in mutual harmony. In multi-culture, people from different parts of the world with different backgrounds, race, religions, traditions and practices co-exits together and shares their values with each other.
This leads to an interaction of different cultural and psychological factors in the personality and minds of the individuals.
Hence the answer is TRUE.
Answer: Countries outside of Ukraine and Russia are seeing firsthand how harsh the Russian government is and as an act of solidarity for Ukraine, many countries are opting to place sanctions on Russia.
These sanctions have resulted in the Russian currency being reduced to less than 1 cent per ruble & have thus made this war a financial burden on Russia.
<em>**Ukraine is </em><em>not</em><em> part of NATO so allies within NATO are not obligated to go to war for them or provide any help. </em>
Explanation: The sanctions placed on Russia were imposed because they were perceived as a threat by other countries. These sanctions were designed to harm Russia's economy by heightening the cost of war and hopefully de-escalate their conflict against Ukraine.
<em>**Sanctions are typically the most powerful type of political play before a country joins a war. </em>
Imposed sanctions on Russia:
- The UK has frozen all Russian bank assets ($630bn)
- Russian socialites, politicians and government officials are scrambling for money as their economy gets hit hard
True because JFK died November 22, 1963
Martin luther king died April4, 1968
