Answer:
b. lower price increases the real incomes of buyers, enabling them to buy more.
Explanation:
The law of demand states that;
-the higher the price, the lower the quantity demanded.
- the lower the price, the higher the quantity demanded.
This law is true considering the fact that consumers tends to buy more when the price is low and vice versa.
One of the most important factor in determining the quantity demanded of a product is the price of the product itself. It means consumers tends to demand for more when the price is low.
When price of a product reduces, the real income of buyers will have effect thus enable them to buy more.
A psychologist called Angela Lee Duckworth realizes that a <u>grit</u> is a trait that supersedes some traditional methods of measuring talent such as IQ tests GRE scores etc.
<h3>What is a
grit?</h3>
A grit refers to an individual's personality trait that is characterized by perseverance and passion for achieving long-term goals.
The psychologist observed that grit is a common factor among the high-achievers she has studied.
In conclusionm, she concluded that a <u>grit</u> is a trait that supersedes some traditional methods of measuring talent such as IQ tests GRE scores etc.
Read more about grit
<em>brainly.com/question/6292063</em>
Answer:
The government decides the means if production and owns the industries that produces goods and services to the public.
Answer:
B
Explanation:
The component that Darwin proposed for development is normal choice. Since assets are constrained in nature, life forms with heritable characteristics that favor endurance and proliferation will in general leave more posterity than their friends, making the attributes increment in recurrence over ages.
