Law of demand: At higher prices, a lower quantity will be
demanded than at lower prices, other things being equal. Alternatively, <span>at
lower prices, a higher quantity will be demanded, other things being equal. </span>The major nonprice determinants of demand are: (1)
income, (2) tastes and preferences, (3) the price of related goods.
I believe the answer to this question is Great Britain.
a system of social and ethical philosophy rather than a religion. In fact, Confucianism built on an ancient religious foundation to establish the social values, institutions, and transcendent ideals of traditional Chinese society
<span>Parliament purchased the tea at a cheap rate with the small tax it would still cost less than the normal rate of tea and England believed the colonists would like the cheaper price.
Hope this helps!
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