1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DIA [1.3K]
3 years ago
13

A company released a new video game system just in time for Christmas and many stores quickly sold out. Although the price of th

e system was only $350, they sold for over $2,000 on an online auction site. Which of the following economic principles best explains this event?
People respond to incentives because of self-interest.

The value of some objects increases relative to other objects.

The price of all goods will rise over time.

Competition among consumers increases prices.
History
2 answers:
Aloiza [94]3 years ago
7 0
The answer would be 'competition among consumers increases prices' because if there was a limited amount, if someone really wants that game, they'd pay more than usual when supplies sold out. 
masha68 [24]3 years ago
4 0

Answer:

I think that the answer is Competition among consumers increases prices.

Explanation:

You might be interested in
Answer the following correctly
Anna35 [415]

Answer:

24 is C buddy.

Explanation:

4 0
3 years ago
Why did the expansion of Mongol rule lead to the spread of ideas and technologies? How did the Mongols contribute to this?
MrRissso [65]

Answer:

The blast furnace improved European metal production, the triangular plow revolutionized agriculture, and gunpowder was responsible for the development of modern warfare. The Mongols used gunpowder to develop hand grenades and were the first nation in history to use them.

Explanation:

7 0
3 years ago
what did the colonists drees up during the boston tea party when when they dumped the tea into boston harbor
Over [174]

Answer:

They dressed as Native Americans to conceal their true identities as colonists. The British therefore wouldn't blame the colonies, supposedly.

Explanation:

5 0
3 years ago
Read 2 more answers
What were the three major activities of the jesuits.
MArishka [77]

Answer:

(1) Jesuits founded schools throughout Europe, teachers educated in classical studies and theology, (2) convert non-Christians to Catholic, sent missionaries around world, (3) stop spread of Protestantism.

Explanation:

7 0
2 years ago
Why did people move to Baghdad region by early part of the 8th century?
tester [92]

Answer:

Center of learning (8th to 9th centuries) Founder, caliph al-Mansur of the Abbasid caliphate, chose the city's location because of its critical link in trade routes, mild climate, topography (critical for fortification), and proximity to water.

<em>brainliest</em><em>? </em><em>plz! </em>

3 0
3 years ago
Read 2 more answers
Other questions:
  • Sharing of power between the state and the National Government is called _____?
    5·1 answer
  • Which of these BEST describes the differences between W.E.B. DuBois and Booker T. Washington?
    6·2 answers
  • What was the significant about the United States’ victory at the Battle of Midway?
    5·1 answer
  • As president, Abraham Lincolns most frequently expressed go was his desire to
    14·1 answer
  • How does Houston respond to the fall of the Alamo? This is from a video guide for the Alamo.
    9·1 answer
  • 1. What can affect a person's interpretation of an event?
    12·1 answer
  • The Peloponnesian Wars had devastating, lasting effects on Greece. Describe the long-term effects the Peloponnesian Wars had on
    12·1 answer
  • Which explains why the reign of Pharaoh Hatshepsut was important? (1 point)
    8·2 answers
  • What would have happened had Germany not invaded the USSR in WW2?
    13·1 answer
  • MAY YOU GUYS HELP ME ON THIS PLEASE!!!!!, THIS IS DUE IN 30 MINUTES.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!