theres no answer choices butttt there are 3effects that explain the law of demand.
Income effect - As the price of a good increases, people purchase less quantity because they are limited by the amount of income they earn. Since it's not allowed to change, they are forced to purchase less.
Substitution effect - As the price of a good increases people purchase less quantity because they will switch to a now "relatively" cheaper substitute. The price of the substitute isn't allowed to change, so people buy more of it and less of the original.
Law of D.M.R. - As you acquire more of a good, the value of each unit decreases. Because the value is decreasing, so is the amount you are willing to pay leading to an inverse relationship between price and quantity demanded.
sorry its a long answer i dont mean to be that one person
Answer:
While the USA and Australia may share a common language, understanding subtle differences between the two cultures is essential.
C. the new jersey plan. the only two were new jersey and virginia, virginia (and the south)wanted to be represented based on population, because they had more people, but new jersey (and the north) wanted equal representation because they had much smaller and less populated states.
Answer:
no
Explanation:
im gonna be labeled racist for this but some of them were good in their own right, multiple of our founding fathers (including George Washington himself) had slaves. Do you see people trying to go against the very man that is a huge reason the US exist? so no
