When the price of the good is above 50 dollars the quantity demanded would be less than 100 units.
<h3>How does price affect demand?</h3>
The price of a good is known to have an inverse relationship with the quantity of the good that would be bought by its consumers.
The equilibrium price and quantity is at 50 $ and 100 respectively. If the price of the commodity rises above 50, people would demand less for the good.
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the people!! We, the people
The Battle of Saratoga<span>, comprising two significant battles during September and October of 1777, was a crucial victory for the Patriots during the American Revolution and is </span>considered<span> the </span>turning point<span> of the Revolutionary </span>War<span>.
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Answer:
Popular sovereignty is the principle that the authority of a state and its government are created and sustained by the consent of its people, through their elected representatives, who are the source of all political power.
