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Snowcat [4.5K]
3 years ago
15

Need help with all three

History
1 answer:
katrin2010 [14]3 years ago
7 0

Demand curve is downward sloping because there is an inverse relationship between price and quantity demanded. It means that when price of the good rises, demand for the good reduces and when price of the good reduces demand, for the good increases.


1. That is because there is an inverse relationship between quantity demanded and price. In other words, when prices go up, the demand for the products or services reduce. Finally, the prices go down because of the low demand, the demand goes.

2. Several things can influence the demand besides the price. Such as acquisitive power of the clients changing, consumer preference, fashion (as in, maybe your product is not so cool anymore), competition (somebody is doing the same for a lower cost to the clients?) and so on.

3. When the acquisitive power is changed, usually, the behavior of the consumer changes as well. A decrease in prices means more purchasing power to the customer, which usually results in the costumer buying more expensive goods instead. Which is the substitution effect.

On the other hand, once prices goes up, consumers don't usually go for a substitute if they feel like what they want to buy is expensive now. They most likely will keep buying that service or product, but in lesser quantities. That's the income effect.

The income effect is basically a change on someone's consuming pattern because of a change on prices or income.

The substitution effect tends to happen when the general prices go up or the customer has to deal with a lower income, making him or her buy less expensive products in order to maintain the lifestyle. Slight increase of the income may also make the consumer buy slightly more expensive products of better quality.



Changes in purchasing power can result from income changes, price changes or currency fluctuations. Price decreases increase purchasing power, allowing a consumer to buy a better product or more of the same product for the same price. However, different goods and services experience these changes in different ways.

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Why is world war 1 more responsible for establishing the U.S as world power
cestrela7 [59]

Answer:

When World War I broke out across Europe in 1914, President Woodrow Wilson proclaimed the United States would remain neutral, and many Americans supported this policy of nonintervention. However, public opinion about neutrality started to change after the sinking of the British ocean liner Lusitania by a German U-boat in 1915; almost 2,000 people perished, including 128 Americans. Along with news of the Zimmerman telegram threatening an alliance between Germany and Mexico, Wilson asked Congress for a declaration of war against Germany. The U.S. officially entered the conflict on April 6, 1917.

World War I Begins

On June 28, 1914, Archduke Franz Ferdinand, heir to the throne of the Austro-Hungarian Empire, and his wife, Sophie, were assassinated by a Bosnian Serb nationalist in Sarajevo, the capital of the Austro-Hungarian province of Bosnia and Herzegovina.

One month later, on July 28, Austria-Hungary declared war on Serbia. Within a week, Russia, France, Belgium, Great Britain and Serbia had sided against Austria-Hungary and Germany, and the Great War, as it came to be known, was underway.

Germany and Austria-Hungary later teamed with the Ottoman Empire and Bulgaria and were referred to collectively as the Central Powers. Russia, France and Great Britain, the major Allied Powers, eventually were joined Italy, Japan and Portugal, among other nations.

On August 4, as World War I erupted across Europe, President Woodrow Wilson proclaimed America’s neutrality, stating the nation “must be neutral in fact as well as in name during these days that are to try men’s souls.”

With no vital interests at stake, many Americans supported this position. Additionally, the U.S. was home to a number of immigrants from countries at war with each other and Wilson wanted to avoid this becoming a divisive issue.

American companies, however, continue to ship food, raw materials and munitions to both the Allies and Central Powers, although trade between the Central Powers and the U.S. was severely curtailed by Britain’s naval blockade of Germany. U.S. banks also provided the warring nations with loans, the bulk of which went to the Allies.

The Lusitania Sinks

On May 7, 1915, a German submarine sank the British ocean liner Lusitania, resulting in the deaths of nearly 1,200 people, including 128 Americans. The incident strained diplomatic relations between Washington and Berlin and helped turn public opinion against Germany.

President Wilson demanded that the Germans stop unannounced submarine warfare; however, he didn’t believe the U.S. should take military action against Germany. Some Americans disagreed with this nonintervention policy, including former president Theodore Roosevelt, who criticized Wilson and advocated for going to war. Roosevelt promoted the Preparedness Movement, whose aim was to persuade the nation it must get ready for war.

On April 4, the Senate voted 82 to 6 to declare war. Two days later, on April 6, the House of Representatives voted 373 to 50 in favor of adopting a war resolution against Germany. (Among the dissenters was Rep. Jeannette Rankin of Montana, the first woman in Congress.) It was only the fourth time Congress had declared war; the others were the War of 1812, the War with Mexico in 1846 and the Spanish-American War of 1898.

In early 1917, the U.S. Army had just 133,000 members. That May, Congress passed the Selective Service Act, which reinstated the draft for the first time since the Civil War and led to some 2.8 million men being inducted into the U.S. military by the end of the Great War. Around 2 million more Americans voluntarily served in the armed forces during the conflict. The first U.S. infantry troops arrived on the European continent in June 1917; in October, the first American soldiers entered combat, in France. That December, the U.S. declared war against Austria-Hungary (America never was formally at war with the Ottoman Empire or Bulgaria). When the war concluded in November 1918, with a victory for the Allies.

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Answer:

Refer below for the explanation.

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The data set given 62, 46, 68, 64, 57 is too small so that it cannot be seen with a histogram.

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Therefore, the correct option is C(3).

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