1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SSSSS [86.1K]
3 years ago
10

Example of

History
1 answer:
serg [7]3 years ago
4 0

Answer:

- Income Effect

A change in consumption due to a change in income.

Example: When you buy cheaper breads after you get a salary cut.

- Normal Goods vs. Inferior Goods

Normal goods : The demand of this product will increase when people's income increase

Inferior Goods: Demand of this product will decrease when people's income increase.

Example: Luxury clothes and less-known brand clothes.

- Complements

A product that is used alongside of other products. Cannot really stand alone.

example:  Smartphone case is a complement product of your smartphone. No-one really by the case without having the phone.

- Substitutes

A product that is used in exchange of another product.

Example : When you drink tea after you run out of coffee.

- Fixed costs

A cost that remain the same regardless of how much goods or services you produce.

Example: Bulding rent.

- Variable costs

A cost that will increase when you increase the production of your goods or services.

Example: Cost of materials.

- Consumer Surplus

A difference betweenthe price that people willing to pay compared to the actual price that they pay.

Example: If you have a $500 budget for a laptop and you managed to purchase it for $400, you have a $100 customer surplus.

- Bartering

when you exchange one product with another without using any monetary instrument.

Example: When you exchange your Jacket with your friend's pants.

You might be interested in
George<br> c. wallace's political "genius" in 1968 was reflected in his ability to use _________.
Sati [7]
George Wallace was a noted racist and appealed to voters who shared his racist opinions and beliefs.  Part of Wallace's "genius" was his ability to use coded racist language, language which highlighted his racist opinions and ideas yet couldn't easily be used to identify him as a flagrant racist to the public.  
4 0
3 years ago
2 Points<br> What is the responsibility of a scientist?
oee [108]

Answer:

  • A scientist has the responsibility for social issues and the practical use of his invention.
  • He has to think about what would be the effect and usefulness of his discoveries or inventions.

Explanation:

5 0
3 years ago
Who led the first Acadian settlers into Spanish Louisiana?
Anit [1.1K]

Answer:

c

Explanation:

7 0
3 years ago
Read 2 more answers
Botticelli's painting The Birth of Venus is said to depict a scene featured in what classic Latin narrative poem?
ss7ja [257]
That would be<span> the “Stanzas”, a famous poetic work by Agnolo Poliziano.</span>
7 0
3 years ago
Read 2 more answers
Tyrants came ot power in many Greek poleis as a result of
elena55 [62]
Tyrants came to power in many Greek polis regions as a result of "<span>b. Inheritance," since this meant that they needed no formal approval of either a king or the general populus. </span>
6 0
3 years ago
Other questions:
  • Why do historians study primary and secondary resources?
    13·1 answer
  • ___ the american troops defeated the british in new york during the
    6·1 answer
  • Men who had separated themselves from society in order to lead holy lives, lived in small communities called monasteries, and pr
    7·1 answer
  • The refugee crisis that occurred in India after its partition was a result of
    12·2 answers
  • Who did James Madison borrow the idea of separation of powers from?
    14·1 answer
  • In what country did the zimmerman telegram originate?
    5·1 answer
  • NEED HELP WILL GIVE BRAINLIEST!! <br> Match the terms with the examples.
    9·1 answer
  • Please help it due soon
    13·1 answer
  • Which state was admitted to the union as a slave state along with the promise that the Louisiana territory remain free
    14·1 answer
  • Memorial day was originally created to honor fallen soldiers of which war? world war i.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!