<h3>Describe what is revealed through the law of demand:</h3>
The law of demand is one of the most fundamental concepts in economics. It works with the law of supply to explain how market economies allocate resources and determine the prices of goods and services that we observe in everyday transactions.
<h3>Explain what the law of demand fails to reveal about the quantity demanded: </h3>
The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility.
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Answer:
The Mongol invasions of Vietnam or Mongol–Vietnamese wars and Mongol–Cham war were military campaigns launched by the Mongol Empire, and later the Yuan dynasty, against the kingdom of Đại Việt (modern-day northern Vietnam) ruled by the Trần dynasty and the kingdom of Champa (modern-day central Vietnam) in 1258, 1282–1284, 1285, and 1287–88. The campaigns are treated by a number of scholars as a success due to the establishment of tributary relations with Đại Việt despite the Mongols suffering major military defeats.[11][12][13] In contrast, Vietnamese historiography regards the war as a major victory against the foreign invaders who they called "the Mongol yokes."[14][11]
Answer:
D) creating a network of organized crime that illegally supplied people with alcohol.
Explanation:
USA went through many economic and social reforms at the time of the Prohibition. The Prohibition gave birth to the famous gangster Al Capone and had a very colossal failure in regards to stopping alcohol consumption. Most people turned to the illegal alcohol market or made their own alcohol at home but the latter was not as popular. The only thing that the Prohibition did was make organized crime spread more quickly and as a result it ended on December 5, 1933.
