Answer:
D. the demand for Nike running shoes is less elastic than the demand for shoes.
Explanation:
In this the substitutes would be more for the particular brand rather than the normal running shoes. Since the demand of running shoes might be less elastic as compared to the demand of nike running shows because the consumer shifted from the nike to other brand that are popular. Plus, the elasticity of demand for running shoes is considered to be inelastic as there is many subsitutes
So, the option d is correct
Frictional, Structural, &
Cyclical
<span />
Answer:
The answer is option C) Sampling Bias
Explanation:
A researcher who is conducting observations to test her own hypothesis may see or pay more attention to behavior that tends to support that hypothesis, so she must guard against observer bias
Observer bias is the tendency to allow how we feel or what we expect influence what we see.
As a researcher conducting observations to test her own hypothesis, it is possible that she may feel or think a certain way that will influence her observation.
knowledge of observation bias and how to guard against it will help her eliminate such error.
True because when you don't have enogh time with your family you can be unhappy and you might not be as cheerful around people.
Answer:
The correct answer is: price must rise, but equilibrium quantity may rise, fall, or remain unchanged.
Explanation:
If the supply of a product decreases the supply curve will shift to the left. At the same time, if there is an increase in demand, the demand curve will move to the right. This simultaneous shift in both demand and supply will lead to an increase in the price of the product.
The change in the quantity demanded will depend on the extent of change in demand and supply.
If both changes by the same proportion the equilibrium quantity will remain the same. If demand increases more than the decrease in supply the equilibrium quantity will increase. If the demand increases less than decrease in supply, the equilibrium quantity will fall.
