The correct answer is individual preferences and tastes of buyers.
When there is increase in demand also the demand curve shifts. If there is a change in factor apart from price then the whole of demand curve shifts.
The income of consumers determines the demand of the commodity. Also prices which are related to goods and also preferences and tastes of the customer.
Demand for automobiles can be elastic where there can be delay in buying a new vehicle.
Due to many substitutes the model for automobile can be highly elastic.
It started
when Ferdinand Magellan a Portuguese explorer wanted to prove that the earth
was round. In response to hisSpanish expedition, he was successful to prove
his theory -arriving at Homonhon island of the Philippines. hence, this is where the
voyages started to sequence their turns to find the Spice Islands, though
Magellan was also a pioneering explorer to this cause, traveling to Asia. As
the Westerns travelled around the globe to the continents of Asia. They found
the rich resources it contains. With their ulterior motives illustrated as “God,
Glory, God”. In this simple mantra explains the European expeditions urge to
conquer the Eastern hemispheres by acquiring the goods and resources in many of
the Asian islands. Until they were able to build their empire in these islands.
Answer:
Revenues come mainly from tax collections, licensing fees, federal aid, and returns on investments. Expenditures generally include spending on government salaries, infrastructure, education, public pensions, public assistance, corrections, Medicaid, and transportation.
Explanation:
All people are entitled to fair treatment under the <span>law </span>
