As the price of a good increase, consumers will likely purchase less of the good because substitutes have become relatively less expensive.
<h3>What is Substitution Effect</h3>
Substitution effects describes a situation where consumers opt for the substitute of a product when the price of their choice product increases either above their budget or above their purchasing capability.
Therefore, the substitution effect refers to the change in demand for a good as a result of a change in the relative price of the good which is usually an increase in price when compared to that of other substitute goods.
This scenario will sway consumers away from the good toward its substitutes.
Learn more about Substitution Effect at brainly.com/question/1319399
The Roman Empire operated primarily under a full dictatorship, with the leader in question being in almost full control of every decision that affected the state.
Answer:
Killings and violence
Explanation:
Now that actually did happen. Groups of each moved into Kansas territory so they can make it either a slave or free state. It had so much bloodshed they had a little war called Bleeding Kansas. The two groups were both called Border Ruffians and they fought each other to gain the power.
