The conclusion about the product demand graph is; C: Product A has more elastic demand than product B.
<h3>How to Interpret Equilibrium Demand Graphs?</h3>
The graph given shows us the quantity demanded for 2 products in relation to their prices.
From the given graph, we can conclude that product A is more responsive to a change in price, compared to how responsive product B is to a change in price.
Thus, a change in the price of commodity A causes a greater change in the quantity demanded, compared to a change in quantity demanded for product B, with almost the same change in price.
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Because agriculture was a new lifestyle in world history, people didnt have to hunt anymore.
Answer:
Each person in a conquered region was also a potential customer
Explanation:
The colonization gave the European colonial powers great advantage and opportunity to get a lot of wealth. The reason for this was that they were able to get the natural resources and raw materials from their colonies for free. They had well established manufacturing plants, so they were manufacturing the natural resources and raw materials and turning them into final products. Then they used the people in their colonies to make more profit by selling them the manufactured goods. This worked perfectly well for the colonial powers, as they were the ones that had the industry and the materials to produce, while the people in the colonies where reliant on them for goods as they did not had anything to be able to compete with it.
2nd answer, 2nd answer, 1st answer