The outcome will be forecasted using the prescriptions of the law of demand. If the price of a good decreases, this will have the opposite effect on the quantity demanded by consumers, that will increase. More people would be willing to purchase the product at a lower price
In conclusion the law of demand states how price and quantity will always move in opposite directions. The only exception to the law would occur with Giffen type goods.
Answer:
Many cultures have been influenced by religion. Because religion can take a community, nation, or region of the world.
Explanation:
Answer:
When given an assignment, she always used her imaginative mind to get it done.
