Income is not the only factor that causes a shift in demand. Other things that change demand include tastes and preferences. the composition or size of the population is a reason. the prices of related goods, and even expectations. It’s important for people to recognize because as demand increases, the available supply also decreases. But if supply decreases, prices may increase. Supply and demand have an important relationship because together they determine the prices of most goods and services.
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Answer:
Explanation:
Tomochichi was the principal mediator between the Indians and English settlers during the first years of settlement.
The correct answer is letter E.
Explanation: In ISO 9000 certification, Continual improvement is emphasized.
By reducing the variability in the product or service is an important key to quality. Poor quality has a positive effect on productivity because it usually takes longer to produce a good part.
Answer:
indian national congress was formed to draw the attention of the british to the Indian's struggles
It was formed by A.O Hume , a retired ICS officer in 1885
Muslim league was formed to separate Muslim-majority nation-state, Pakistan, successfully led to the partition of India in 1947 by the British Empire.
1. Answer: People didn't have to trade goods.
Explanation:
With a unitary currency, trading goods became easier. It also allowed people to have a standardized form of trading, where each commodity had the same value for everyone. Also, money it made possible for people not to have goods and still trade and buy stuff. It also allowed them not to carry their commodity around when they wanted to trade. Money was a precondition for open market and competition. Money was a starting point for credit system and banking.
2. Answer:
Paper money was easier to handle and carry around. It is also fictional because, it has no other value, but the value people gave it in order to recognize it as an official form of money. It is originally issued by banks, and is a legal requirement for buying commodity. First paper money originated in South-East Asia and China. A disadvantage for paper money is that it makes inflation possible, which is made financial crises, because the money loses all of its value.
3. Answer:
The best thing to put on the coin is a symbol of the state - a government's house, or some former leader - founding father of the country. This symbol should be on the back of a coin, while on the front there should be the amount of money this coin represents. While coins nowadays represent small amounts of money, there should be a denomination of 1 or 2 on the front side of the coin.
