1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Grace [21]
2 years ago
14

What effect will a drop in price most likely have?

History
2 answers:
Ugo [173]2 years ago
6 0

The correct option is "increase the quantity demanded of goods"

The law of supply and demand is a basic economic model postulated for the formation of market prices of goods within the neoclassical school and other related, being used to explain a variety of phenomena and processes both macro and microeconomic. In addition, it serves as a basis for other theories and economic models.

The model in its simplest version is based on the relationship between the price of a good and its sales, and assumes that in a market of perfect competition, the market price will be established at a point -called point of equilibrium- in which produces an emptying of the market, that is, everything produced is sold and there is no unmet demand. The postulate of supply and demand implies three laws:

  1. When, at the current price, the demand exceeds the supply, the price increases. Conversely, when the supply exceeds the demand, the price decreases.
  2. An increase in the price decreases, sooner or later, the demand and increases the supply. Conversely, a decrease in the price increases, sooner or later, the demand and decreases the supply.
  3. The price tends to the level at which the demand equals the supply.
Travka [436]2 years ago
3 0

Based on the options given, the most likely answer to this query is increase the quantity demanded of goods

When there is lesser prices on goods, the demand of the goods will most probably rise.
Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
You might be interested in
What effect did the French and indian war have on the native American tribes who fought in ?
neonofarm [45]

They gained new rights because they had contributed to the overthrow of the French. They gained prestige because they had fought alongside the new settlers of their land.

4 0
3 years ago
Read 2 more answers
1) What are the main goals of international organizations?
Brilliant_brown [7]

Answer:

The United Nations focuses on five main areas: "maintaining peace and security, protecting human rights, delivering humanitarian aid, supporting sustainable development, and upholding international law." UN agencies, such as UN Relief and Works Agency, are generally regarded as international organizations in their own .

Explanation:

7 0
2 years ago
No, its until world war 2. i promise
OLEGan [10]

Answer:

World War II or the Second World Warwas a global war that lasted from 1939 to 1945

Explanation:

hope this helps

6 0
2 years ago
50 points will mark bbrainliest!
GalinKa [24]

Answer:

Long answer incoming:

Explanation:

1. The Punic Wars  were a series of three wars fought between Rome and Carthage from 264 BC to 146 BC.The first war started in 264BC and ended in 241BC.The second war happened from 218 to 201 BC. the most important event was Hannibal's crossing of the Alps(218 BC). the third war(149_146BC)was the last war.Rome defeated Carthage.leaders: 1-Hiero II of Syracuse2-Hannibal3-Scipio Aemilianus

2. Romans were the first to develop a system of waterways called aqueducts, which supplied cities with water. Staples included corn or grain, oil and wine. Husked wheat was used for porridge and bread. Bread was often eaten with  cheese, honey, fruit, sausage, shellfish, fish, eggs, game, fowl, oysters, pork, dormice, or snails. Sweets included tarts, pastries and cakes. Food was often baked in a circular oven, cooked by cauldrons hanging from chains , or via vessels fixed onto gridirons. Meat was often broiled. Vinegar was frequently used in cooking. The focus of education was often on making students effective speakers. The Roman alphabet was Latin. Parents who could not afford to send their children to school were left to teach their children everything they knew. Romans studied subject such as laws, history, physical training, spinning, weaving, sewing, and cooking. Togas, tunics, stolas, pallas, and shawls were often worn. The cloth, such as linen or wool, distinguished the class of a person.

3. The Great Revolt began in the year 66 CE, during the twelfth year of the reign of Nero, originating in Roman and Jewish religious tensions. The crisis escalated due to anti-taxation protests and attacks upon Roman citizens by the Jews.

4. Provides ideal conditions for travel and the exchange of ideas

5. The Senate of the Republic version of Rome were hungry for power. While they were fighting over status, Augustus Caesar claimed the throne. Once he had done that, he deemed himself dictator for life. The rest is history.

4 0
3 years ago
Explain what point you think the cartoonist was making.
Ghella [55]

Answer:

is that the peasant are lower class people they get no respect from the rich

Explanation:

8 0
2 years ago
Other questions:
  • Why was the manufacturing belt called the rust belt in the latter decades of the 20th century?select one of the options below as
    11·1 answer
  • Historians rely on primary sources because these sources
    14·2 answers
  • During the Spanish Civil War, Republicans fought to support a democratic government for Spain while Nationalists fought to suppo
    12·1 answer
  • Thurgood Marshall worried about the emergence of “gestapos” in America. What did he mean?
    10·1 answer
  • Will give brainlest to whoever can answer this the fastest
    11·1 answer
  • What improvements did railroads help create?
    8·1 answer
  • A map titled The Iberian Peninsula. Portugal, Spain, and France are labeled. Africa is below Spain. Portugal is to the left of S
    6·2 answers
  • ist all six countries on the map above in order from the least populated to the most populated. Make sure to identify the name o
    5·2 answers
  • Why were Muslims able to gain control of the Iberian Peninsula in the 700s?
    11·2 answers
  • How does Michael Oher show his gratitude to the Tuohy family?<br> In the movie blindside .
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!