Answer:If price and total revenue change in the same direction, demand is inelastic. a measure of the extent to which the quantity supplied of a good changes when the price of the good changes. ... the percentage change in the quantity supplied is less than the percentage change in price.
Explanation:
The answer is <span>Classical economics. It is an expansive term that alludes to the predominant monetary worldview of the eighteenth and nineteenth hundreds of years. Scottish Enlightenment mastermind Adam Smith is generally viewed as the ancestor of traditional hypothesis, albeit prior commitments were made by the Spanish scholastics and French physiocrats. Other imperative supporters of established financial matters incorporate David Ricardo, Thomas Malthus, Anne Robert Jacques Turgot, John Stuart Mill, Jean-Baptiste Say and Eugen Böhm von Bawerk. </span>
The manor system was important because people lived on feudal ground owned by rich land owners. Those people were tightly connected to the catholic church and they all swore their allegiance to the pope. The people were all religious and they worked on the land and could keep a part of what they produced but they had to give a part to the manor owner. The owner would provide protection in return.
The answer is reserve power to the states.
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