<h3>Describe what is revealed through the law of demand:</h3>
The law of demand is one of the most fundamental concepts in economics. It works with the law of supply to explain how market economies allocate resources and determine the prices of goods and services that we observe in everyday transactions.
<h3>Explain what the law of demand fails to reveal about the quantity demanded: </h3>
The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility.
Hope this helps!
Answer:
:
On 4 June 1989, the trade union Solidarity won an overwhelming victory in a partially free election in Poland, leading to the peaceful fall of Communism in that country in the summer of 1989.
Answer:
airplanes and submarines were used for the first time, initially to locate the enemy. Field telephones and sound equipment was also used to find the enemy's location. Still, some new weapons and technology used such as chemical warfare, flamethrowers and submarines caused great fear and chaos during World War I.
Explanation:
Congress has the power to set and collect any taxes or duties.
The president is commander-in-chief of the U.S. Army and Navy.
The president has the power to grant pardons and reprieves for crimes against the U.S. except in an impeachment.