The price of a good effects demand because people will buy__________prices and_______of a good at______.
This is due to the_______effect and the _______effect.

The Price Of A Good Effects Demand Because People Will Buy__________prices And_______of A Good At______.This

Answers

Answer 1

The price of a good affect demand because people will buy more at low prices and less of a good at high price This is due to the income effect and the demand effect.

What is the law of demand?

This law is seen as basic concepts in economics, its works with the law of supply in order to explain how market economies allocate resources and determine the prices of goods and services that we observe in everyday transactions.

The law of demand states "the higher the price, the lower the quantity demanded and vice versa". This phenomenon occurs because of a diminishing marginal utility, which means that consumers use the first units of an economic good they purchase to serve their most urgent needs first, then, they use an additional unit of the good to serve successively lower-valued ends.

In conclusion, as explained, then, the price of a good affect demand because people will buy more at low prices and less of a good at high price and this is due to the income effect and the demand effect.

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Related Questions

The ________ is/are good index fossils, because

(need answers ASAP*)

*please and thank you

Answers

Answer:

el son buenos en El son buenos fósiles índice

what is the Vail conference

Answers

The National Institute of Mental Health's 1973 meeting in Vail, Colorado had the unintended consequence of establishing the "scholar-practitioner" model of professional psychology training as an acceptable method of professional development.

How is the Vail model of training differ from the Boulder Model?

Programs based on the Boulder and Vail models differ primarily in how much emphasis is placed on scientific research: Boulder programs aim to teach researchers, whereas Vail programs aim to train consumers of knowledge.

The Vail model, also known as the practitioner-scholar model, is a graduate program training paradigm that emphasizes clinical practice. Although it was first designed to train clinical psychologists, other specialized schools in fields including business, public health, and law have adopted it.

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Think about the gender division of labour in your community. In your learning journal, write down five areas of work that are considered appropriate for women.

Answers

Gender division of labor. Synonym English: gender division of labor. Definition English: The division of labor refers to the way every society divides paintings among men and women, boys and women, according to socially-mounted gender roles or what is considered appropriate.

Gendered division of exertions is so giant because historically it has had a vital purpose. because many roles take effort and time to discover ways to do well, families could store time by using dividing obligations and encouraging individuals to specialize.

Modifications in the gender department of hard work are leading to increasing tensions between the needs of employers and worrying responsibilities (Hochschild 1997), and some have argued that gender division is changing magnificence conflicts (Beck and Beck-Gernsheim 1995).

Within the context of gender, the battle theory argues that gender is nicely understood as guys trying to hold power and privilege to the detriment of girls. therefore, guys can be visible as the dominant organization and girls as the subordinate organization.

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Social Studies 6 A: Unit Test Page 1 of 1 Profile 1 Microsoft Edge
rome/online/lessonViewer_responsive.aspx?header=true&idCourse=129256&idUnit 46204&idLesson 5166548idWebuser-49181078idSection
>
LESSON 8
Unit Test
2. Which of the following best shows how the issue of states' rights contributed to the onset of
the Civil War?
E
(1 point)
O Many Northerners believed that states' rights should not extend to slave states.
OMany Southerners believed that giving states additional rights would hold back western expansion.
O Many Southerners believed the rights of their states were threatened by Northern abolitionists.
O Many Northerners believed the rights of their states were threatened by the election of Abraham
Lincoln.

Answers

Answer:

Many southerners believed the rights of their states were threatened by Northern abolitionists.

Use the drop-down menus to complete the sentence. Farming is a cause of cities because farming causes Choose... , which leads to a population increase and Choose... , which leads to trade and cities.

Answers

Farming is a cause of cities because farming causes d. surpluses, which leads to a population increase, and b. specialization, which leads to trade and cities.

What led to the population explosion today?

When humanity moved from being hunter-gatherers to farming and living in communities, the world population increased astronomically.

Farming settled humanity into small communities and cities, creating food surpluses. Food surpluses require trade and cities to flourish.

Trading and cities encouraged specialization, which in turn, increased productivity with increasing production.  The agricultural and industrial revolutions aggravated surpluses and encouraged more specialization, population, and cities' growth and trade.

Thus, it has been a developmental circle that emanated when humanity experimented with agriculture and specialization.

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Question Completion with Answer Options:

Question 1:

a) religion

b) trading

c) nomadism

d) food surpluses

Question 2:

a) merchants

b) specialization

c) public works

人为什么活着?人活着的意义是什么?活着为了什么?

Answers

Answer:

Explanation:

通过真实地与环境和他人互动来体验现实

Read the paragraph.

____________________________________________________. Scientific nonfiction gives facts and details about the scientific world. It might be about electricity, matter, or different ecosystems. In the same way, historical nonfiction gives facts and details about historical events. It might be about a world conflict or a different time period. If you are interested in learning about interesting science facts and ideas, scientific nonfiction is a good choice. Otherwise, if you enjoy learning facts and ideas about the past, historical nonfiction might be for you.

Which is best as a topic sentence at the beginning of the paragraph?

Scientific and historical nonfiction are genres that provide information.
Remember, scientific nonfiction reports on scientific topics.
Both nonfiction genres are excellent sources of useful knowledge.
Historical nonfiction, on the other hand, reports on topics in history.

Answers

Answer:

Scientific and historical nonfiction are genres that provide information.

Explanation:

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What is most likely the reason the author included the experience Makai Latham had at an Israeli airport?

Answers

Israeli security at airports is carefully coordinated to protect passengers and airport staff. security checkpoints, plainclothes officers, armed security personnel, and hidden surveillance cameras help screen each of the airports. the security is higher than in other airports however exceptionally green.

Given the extent of hysteria within the, it is going to be no surprise that safety at Israel's airports is stringent. Arriving with the aid of aircraft you will word multiple safety guards waiting while you cross up the escalators from your flight – in case you act suspicious they may now not hesitate to prevent you.

Tourists commonly receive a loose, three-month visitor visa upon arrival in Israel, which may be extended. Israel does now not mechanically stamp passports with an entry stamp, and as an alternative gives all tourists an access card, despite the fact that they reserve the right to stamp the passport.

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hmm....What is Human resources?​

Answers

Human Resources is the department of a business in which one deals with hiring and training someone. This department teaches compliance, safety, employee benefits, and work-developments.

Answer:

Human resources is the set of people who make up the workforce of an organization, business sector, industry, or economy.

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