1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sweet [91]
3 years ago
9

What condition must exist to make a demand curve accurate

Social Studies
1 answer:
Nonamiya [84]3 years ago
5 0

Answer:

as long as ceteris paribus consumption is true

Explanation:

Ceteris paribus refers to the the assumption that 'other things remain equal". For example, generally it is safe to assume that demand for a certain product will Decrease if the price of the product is increased.

But that situation can only be guaranteed if other factors beside the product and the price remain equal. Exemption of this would be when the country is in a crisis and demanded product become rare, it is very much possible that the demand will keep increasing even if the price keep skyrocketing.

You might be interested in
"The aggregate expenditure model can be written in terms of four spending categories. Which equation shows the relationship betw
pickupchik [31]

Answer:

Aggregate expenditure (AE) = C + I + G + NX

Explanation:

Aggregate expenditure (AE) gives the total value of all finished goods and services available in an economy. From the equation above;

C = Consumption, defined as the total consumption of household over a period in view

I = Investment, which provides the total expenditure on capital goods

G = Government expenditure, which provides the total spend  by all arms of government; federal, state, and local government.

NX = Net exports, which provides a value for the total exports less the total imports.

8 0
3 years ago
What are the implications of the Supreme Court decision in Burwell v. Hobby?
Nonamiya [84]

Answer:

The Supreme Court of the United States declared, in Burwell v. Hobby Lobby, that commercial companies are entitled to claim the right to religious freedom. With this, the Court specified the correct interpretation of the Religious Freedom Restoration Act. It also clarified that commercial companies serve a broader purpose than profit maximization alone. And finally, he recognized that religion and business are compatible.

6 0
4 years ago
Maeve wants to change her college major but has decided not to because she is close to finishing. She believes that the time she
GarryVolchara [31]

Answer:

Maeve is experiencing:<u> the sunk-cost fallacy</u>.

Explanation:

The sunk cost fallacy refers to a economic analysis that is explained by the the investment of resurces such as economic, time, effort and compared to what they could lose. According to this analysis people make decisions. In this case Maeve didn't change her college because she had this line of thoughts. She thought she would be losing all the time, money and effort by changing college.

8 0
4 years ago
When was Pangea around?
nekit [7.7K]

Answer:

It was around from 335 to 175 million years ago

Explanation:

Pangaea was a supercontinent that existed during the late Paleozoic and early Mesozoic eras. It assembled from earlier continental units approximately 335 million years ago, and it began to break apart about 175 million years ago.

3 0
3 years ago
The states' rights issue was a question of each states' relationship to:
Sav [38]

Answer:

the federal government

Explanation:

4 0
3 years ago
Other questions:
  • What should you avoid during observations? ECE
    8·1 answer
  • The "terrible twos" promotes which theory of behavior? cultural nature nurture stages
    12·1 answer
  • If the plaintiff wants a court order requiring the defendant to stop doing something, the plaintiff is seeking a(n) ____________
    11·2 answers
  • Your sister is starting 9th grade next year and is thinking about going to college. What step would you recommend she take first
    11·1 answer
  • President Abraham Lincoln’s suspension of habeas corpus and President Franklin D. Roosevelt’s executive order forcing Japanese A
    13·1 answer
  • A real estate agent showed Henry several pictures of lakeshore property while they were eating a delicious, mouth-watering meal.
    12·1 answer
  • What are the advantages to having long coastlines in Europe?
    9·1 answer
  • If you are saving for a new fridge that costs $2,000 and the economy experiences
    12·1 answer
  • Is this statement true or false?
    11·2 answers
  • _______ took over the military
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!