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kondaur [170]
3 years ago
11

Policy plans created to address a societal problem can be adopted by the

History
2 answers:
zhannawk [14.2K]3 years ago
4 0

The correct answer on Edgen is:

legislature.

I took the test and this is the right answer.

Lerok [7]3 years ago
3 0
Generally speaking, policy plans created to address a societal problem can be adopted by any level of government (except usually the judicial branch). This happens most commonly in the legislature--either the federal or state legislatures depending on the societal problem in question. Hope I Helped! 
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Demand curve is downward sloping because there is an inverse relationship between price and quantity demanded. It means that when price of the good rises, demand for the good reduces and when price of the good reduces demand, for the good increases.


1. That is because there is an inverse relationship between quantity demanded and price. In other words, when prices go up, the demand for the products or services reduce. Finally, the prices go down because of the low demand, the demand goes.

2. Several things can influence the demand besides the price. Such as acquisitive power of the clients changing, consumer preference, fashion (as in, maybe your product is not so cool anymore), competition (somebody is doing the same for a lower cost to the clients?) and so on.

3. When the acquisitive power is changed, usually, the behavior of the consumer changes as well. A decrease in prices means more purchasing power to the customer, which usually results in the costumer buying more expensive goods instead. Which is the substitution effect.

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Changes in purchasing power can result from income changes, price changes or currency fluctuations. Price decreases increase purchasing power, allowing a consumer to buy a better product or more of the same product for the same price. However, different goods and services experience these changes in different ways.

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