<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.
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Answer:
Farming mean to the nomadic people combine agriculture with hunting and gathering.
Answer:
Keshav Gangadhar Tilak
Explanation:
Bal Gangadhar Tilak, born as Keshav Gangadhar Tilak, was an Indian nationalist, teacher, and an independence activist. He was one third of the Lal Bal Pal triumvirate. Tilak was the first leader of the Indian Independence Movement. The British colonial authorities called him "The father of the Indian unrest."
On this day in 1982, President Ronald Reagan declared illicit drugs to be a threat to U.S. national security.
Richard M. Nixon, the president who popularized the term “war on drugs,” first used the words in 1971. However, the policies that his administration implemented as part of the Comprehensive Drug Abuse Prevention and Control Act of 1970 dated to Woodrow Wilson’s presidency and the Harrison Narcotics Tax Act of 1914. This was followed by the creation of the Federal Bureau of Narcotics in 1930.
Answer:
Jesus Christ
Explanation:
Jesus Christ was the person of Trinity to become incarnate.
