Answer:
The law of demand says that at higher prices, buyers will demand less of an economic good. The law of supply says that at higher prices, sellers will supply more of an economic good. These two laws interact to determine the actual market prices and volume of goods that are traded on a market.
Explanation:
Answer:
technological advances that lowered trasportation costs dramatically
Answer:
Should be true
Explanation:
The main task of the Daughters of Liberty was to protest the Stamp Act and Townshend Acts through aiding the Sons of Liberty in boycotts and non-importation movements prior to the outbreak of the Revolutionary War.
The Daughters of Liberty consisted of women who displayed their loyalty by participating in boycotts of British goods following the passage of the Townshend Acts; they significantly reduced household consumption of imported goods by producing large quantities of homespun cloth.
C. 25% of Chinese were addicted to Opium