Answer:
It helps consumers tell producers when prices are too high.
Explanation:
The law of demand affirms that an increase in price results in reduced demand. It means that when prices increase, consumers will buy fewer quantities of a product or service. The law of demand shows the relationship between price and the quantity of a product consumers are willing to buy in the market.
Consumers can communicate with producers through the volume of products purchased. When the quantity purchased is low, producers will know the set prices are high.
Answer:
D: Your money has more time to grow.
Explanation:
If you use process of elimination your age doesn't matter on discounts or rates. If you invest when you're younger you have more time to learn about what you're investing in and more time for your money to grow.
Answer:
a. amount of the other good that must be given up.
Explanation:
The mix of two goods or services can be accomplished in the frontier of production possibilities when all available resources and technologies are fully efficient and used. This indicates a mix of the two resources to a maximum.
As we know that, the opportunity cost refers to the cost in which the best alternative is chosen among the available ones which can generate a better return so the one goods are considered while another cost is given up.
<u>Answer: </u>Option A
<u>Explanation:</u>
Statistics is the based on the study of collection of data and presentation of data in an organized way. Statistics in the speech is done through collecting facts on research. By bringing in the statistics into the speech it has the context and the credibility of the speech can be done effectively.
Statistics can prove the realism in the speech and it has emotional impact on the audience. Statistical figure is 100 million hamburger which is 3 million miles that is fifteen times as far as moon these create a memory for the audience and they remember it for a long time.
