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Answer:
b. lower price increases the real incomes of buyers, enabling them to buy more.
Explanation:
The law of demand states that;
-the higher the price, the lower the quantity demanded.
- the lower the price, the higher the quantity demanded.
This law is true considering the fact that consumers tends to buy more when the price is low and vice versa.
One of the most important factor in determining the quantity demanded of a product is the price of the product itself. It means consumers tends to demand for more when the price is low.
When price of a product reduces, the real income of buyers will have effect thus enable them to buy more.
Answer:
A. One-sample z-test for a mean
Explanation:
took the test and got a 98%
<span>Acute. Acute onset means a sudden onset. It says that she quickly and suddenly developed symptoms of schizophrenia.</span>
The correct answer is currency which is letter b. This is the first development of Aksumites without having any pressure from the outside culture as their currency was coinage produced and were used to their Kingdom which held a great significance.