theres no answer choices butttt there are 3effects that explain the law of demand.
Income effect - As the price of a good increases, people purchase less quantity because they are limited by the amount of income they earn. Since it's not allowed to change, they are forced to purchase less.
Substitution effect - As the price of a good increases people purchase less quantity because they will switch to a now "relatively" cheaper substitute. The price of the substitute isn't allowed to change, so people buy more of it and less of the original.
Law of D.M.R. - As you acquire more of a good, the value of each unit decreases. Because the value is decreasing, so is the amount you are willing to pay leading to an inverse relationship between price and quantity demanded.
sorry its a long answer i dont mean to be that one person
Alexander III of Macedon (Greek: Αλέξανδρος Γ΄ ὁ Μακεδών; 20/21 July 356 BC – 10/11 June 323 BC), commonly known as Alexander the Great
Inca native
Hello brother Nahuasapu
Some strange tall men have arrived to our village. I´m writing this because I´m very worried about them. We cannot understand their sounds. They have althought arrived with some people of the village next to us and it seems they are helping them to understand each other better. Still, the sounds they make with their mouths are weird. I´ve never heard a language like that before. However it draws my attention how tall they are. There are also rumours about a plague that is coming with them. People get sick and die eventually and they seem very attentive towards our metalic resource of gold. They can even get aggressive for those shiny objects we have. I´m worried about the future of our village. They tend to react in a very aggressive way towards our people. They seem to have magic swords that throw a very damaging little stuff. It can kill our brothers with 1 shot. We are all very scared towards these people in reality but we hold our words in our minds because we are afraid that some of these traitors will tell something about this to them. Besides trying to look towards this gold or more known as "oro" by them, that´s how they pronounce it, they are looking for the casique of our empire and the inca itself. They seem to be looking out for the big heads here.
Tell our people to be very careful with them and avoid any contact. If it happens to be inevitable to avoid them then be very careful of what you say. Don´t mention gold unless it´s an extreme situation. And if they say something about god also be very careful. Just say yes to everything and don´t mind them. Run if it´s possible and try to inform the rest because we are already doomed.
Now the conquistador letter:
Good day Maria
We have arrived to the unknown land my love. I know you must be very worried about us because we haven´t talked for a while. I want to see my kids also. How much they have grown. Anyways, I´m writing here so I can tell you about our amazing trip to this unknown place. Nobody believed Cristobal but at last he was right. On the other hand the trip was hard. We traveled for so much days we even lost the notion about what day is today. Some people died or have gone insane on the run. The people here is almost half naked. They have huge ornaments in their faces sometimes. The villages we have arrived are weird. Their attitude is rather unsettling for me.
Thankfully they gave me something to defend myself if they get to close. However I dont want to hurt them, they seem like us but more like animals. I don´t really know what they are and I´m not looking foward to see what they really are because we are not here for that. We came for the gold, shiny and bright and beautiful gold so we can be rich at last and we can get to be a higher class. We can even start our own business honey. I´m doing this because I love you. It is very hard and sometimes it doesn´t feel right but I´m under command and this is how it needs to be. It seems we have found some of it thanks to some indigenous people that we founde exploring the shore. They saw us and attacked us so we have to defend ourselves. Some of our men died but we crushed them at the end. I´m glad I´m still alive however.
Hope I stay this way for the return so I can see my kids grow up. I hope that we can find this so called inca that the villagers mentioned us so we can talk some things and make some business before returning. This is a huge change for our culture. It is also a huge change for our lives. I love you my queen. I´ll write you as soon as I´m returning home.
Always yours
"your name"
