<u>Demand for goods and services in an economy is affected by consumer preferences and / or price of products. The exercise deals only with the increase or decrease in demand due to preferences.
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Preferences are based on tastes, conventions and information about the consumption of products. If a preference increases consumption, the demand curve shifts to the right. (type 2). If preferences decrease demand, the demand curve shifts to the left (type 1).
Non-price determinant causing the demand to decrease
more people embreance an oil free diet
Non-price determinant causing the demand to increase
more people use oil for skin and hair care
doctor recommend the use of saffower seed oil
new reports about benefits
In the early 1900's , a company often provided a company town, a place where the worker could live in the near working location ( usually like a mining location)
The workers usually were lured by the promise of high wage.
But here's the thing, in company town, a source of living usually can only obtained in a company store, and the cost is really high.
So instead of getting a high wage, the workers trapped in huge debt to the company, creating some sort of slavery that they have to work to pay off their debt to the company
Techincally, the company could easily bring those workers to the court ( even though is very cruel, they obtain the debt in a 'legal' way), so basically workers cant do a thing
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<span>extreme connectedness is the theory that in enhancing the bad parts of human nature, we will inadvertently destroy the good parts. buchanan supports the idea that we are all extremely connected.</span>
Yes I can help what you need
