Answer:
c. increases the quantity of goods and services demanded.
Explanation:
According to the law of demand, there is an indirect relationship between demand and the prices for good or service. Should the price of a good or service increase, its demand will decrease. Demand comprises of the willingness and ability to buy.
A decrease in the price level will make the product affordable by more buyers. The market will afford to buy more of that product. The law of demand works together with the law of supply. The intersection of demand and supply curves determines the price of a product.
Answer:
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Explanation:
When making economic decisions, economists make assumptions in order to better understand how consumers' and businesses' behaviour.
To assist explain how an economy works and how to maximise growth, income, and employment, there are numerous economic theories.
However, preferences—that is, what companies and customers like to have or prefer to avoid—are central to many ideas. Additionally, the assumptions frequently concern the resources that are or are not readily available to meet the demands and preferences. The decisions that individuals involved in an economy make are significantly influenced by the availability or scarcity of resources.
Learn the rationale behind economists' assumptions and how they affect economic models.
When making economic decisions, economists make assumptions in order to better understand how consumers' and businesses' or economic behaviour.
Economists They use assumptions in order to build a model that they can control because they are unable to isolate certain factors in the real world.
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Answer: first off make it much clearer if you have all this money there is no tab with 345 in the register the owed amount is 1020 then the total number of 300 cash drops was two then that six hundred less so 420 then with the 640 there would be no tab but an over cash flow.
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Explanation:
4) Student loans
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