Answer:
consumption of tea will <u>increase</u> , and marginal utility of coffee will <u>increase</u>
Explanation:
As Consumer consumes both tea & coffee, they are substitutes goods (which can be inter change-ably used by consumer).
Substitute Goods' price & quantity are inversely related. Such because -
- Price fall of a good makes it relatively cheaper & increases its quantity demanded, decreases other good's demand.
- Price fall of a good makes it relatively expensive & decreases its quantity demanded, increases other good's demand
So: Tea & Coffee being substitutes - If price of coffee rise, its own quantity demanded decreases & tea demand increases.
Coffee quantity demanded decrease means Marginal Utility of coffee will increase, as - MU decreases with more consumption quantity & it increases with less quantity consumption [as per Law of Diminishing Marginal Utility].
In this case, Emma was not part of the market for Prodigy Placement, and her parents were part of the market because Emma lacked the desire.
The market of Prodigy Placement is specifically aimed for parents who want to send their children to the school since students at the school are considered in the top 1% of their age group in terms of IQ scores and aptitude.
Answer:
it should be c. values
Explanation:
cultures have values, values are the ideas of what is fair, good, and right. they are also important for the form of the culture.
please tell me if im incorrect!
The word from the list that best fits the definition number of deaths within a society is mortality.
<h3>What is mortality?</h3>
Mortality can be defined as the number of death recorded within a society or within a specific population.
Mortality rate is a form of statistic used by researcher to determine the number of death in a society.
Therefore the word from the list that best fits the definition number of deaths within a society is mortality.
Learn more about mortality here:brainly.com/question/3000205
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Answer:
Explanation:
A change in interest rates is one way to make that correspondence happen. A fall in interest rates increases the amount of money people wish to hold, while a rise in interest rates decreases that amount. A change in prices is another way to make the money supply equal the amount demanded.
