Answer:
-Income of buyers
-Consumer expectation
-Taste of consumers
-Price of the goods or services
-Price of related goods or services
Explanation:
Income of buyers: When there is a rise in income of buyer then demand would increase. Also when there is a fall in buyer's income, demand would decrease.
Consumer expectation: If consumers perceive that there would likely be an amount increase in price of certain commodities then demand for such commodities would increase now.
Taste of consumers: If the taste, preference or emotions of buyers changes in favour of a product then there would be increase in demand for such product and vice versa.
Price of the goods or services: The higher the price of a product, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
Price of related goods or services: When there is an increase in the price of goods that are related, demand for the goods with lower price will increase
If the world price is $1.00 per pound. Assuming the small-country model is applicable and no transportation costs, the United States will import copper.
<h3>What is import?</h3>
Import can be defined as the process of bringing in goods produce in another country into your own country so as to sale them in your own country.
Since the world price is $1.00 per pound and United states price is $1.20. If no transportation cost importing copper into United state will be the best choice as this will help to lower cost.
Therefore assuming the small-country model is applicable and no transportation costs, the United States will import copper.
Learn more about import here:brainly.com/question/536549
The question is asking to state how government spending can trigger a chain of events that helps to improve the economy and base on my research, I would say that the answer would be that the money that the government spend creates jobs that could create chain reaction in the economy
A mortgage is the resource available to home providence to recover the loan.
A mortgage is defined as a legal agree between a bank/creditor with a a person or business. They lend money with an interest rate in exchange for having full ownership of the persons title (house/business building) if the person does not pay.
