<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.
Hope this helps!
The legal term that would be used is "Precedent"
Answer:
church corruption: selling of indulgences, false authorities, focusing on worldly affairs. Political reasons: Henry VII wanted a male heir. Separated from the church to divorce his wife.
Explanation:
Answer:
Explanation:
The French Revolution was 1930s