Explain what is meant by the term demand. What is the law of demand?

Answers

Answer 1

Answer:

Demand is dependent on quantity

Explanation:

In microeconomics, the law of demand is a fundamental principle which states that, "conditional on all else being equal, as the price of a good increases, quantity demanded will decrease; conversely, as the price of a good decreases, quantity demanded will increase".

Answer 2

Answer: The law of demand is one of the most fundamental concepts in economics. The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility.

Explanation: Hope this helps :)


Related Questions

How did Thanksgiving go on to be
an official holiday? Explain.

Answers

Answer:

Thanksgiving came to be an official holiday in 1863, declared by President Abraham Lincoln.

Explanation:

The Thanksgiving feast between Pilgrims and the Natives was not public till Bradford's diary was given to be published in 1789. When, a magazine editor Sarah Josepha Hale came across this tradition celebrated by Pilgrims and Natives, she wrote letters to five Presidents asking to declare Thanksgiving, a national holiday. It was President Abraham Lincoln who paid heed to this request and with an idea  of unte the country during his presidency, he declared the last Thursday of November as a Thanksgiving day and declared it a national holiday. The date, however, was changed to fourth Thursday of November by President Franklin D. Roosevelt in 1941, to avoid shifting of national holiday (as some year may have five Thursday's in November).

5. Article I, Section 10, of the Constitution prohibits states from​

Answers

Answer:

what is your question?

This section of the Constitution prohibits states from requiring out-of-state drivers to drive at a lower speed limit. When the Constitution was written, the states acted much more as separate entities. Article IV focuses on how to bring these different entities together. Section 2 ensures that citizens will not be discriminated between different states. While they are allowed to show some differences (different prices for a fishing license) they cannot withhold privileges or punish non-residents.

please help me with this work

Answers

Answer:

2

Explanation:

The 2nd one, hope this helped!

Which of the following is NOT a goal of The Sixth Environment Action Programme of the European Community?

Answers:

protection of marine life

reduce air pollution

protection of natural resources

reduce the use of harmful pesticides

decrease recycling

none of these

Answers

Answer:

decrease recycling

Explanation:

The environment action program was created to make a  set of coordinated actions to restore the damaged environment that mostly created from waste disposal.

Recycling is actually a very crucial part of the restoration.

Humans created a lot of burden for the environment due to our high consumption in chemicals (such as what we found on our cosmetics, drugs, oil, etc). After we threw the residual of these products, it will be disposed at the environment and it will started to be accumulated over time. This will cause a slow but damaging environmental degradation in the long run.

By recycling our products, we will take a way these waste/residual and at least slow down the environmental degradation.

In a memory study, participants are taught a word-learning strategy in a college classroom. Prior to entering the classroom, each participant is required to wait for ten minutes in the hallway outside the classroom. One week later, a researcher contacts them and asks them what they did while they were waiting. Which type of long-term memory were the researchers eliciting

Answers

Answer:

Episodic

Explanation:

Episodic memory focuses on everyday activities that a person experiences at a particular time and place in the past.

It is the ability to recollect what happened around an individual in the past.

In the given scenario participants in a study are required to what they did while waiting in the hallway a week ago.

The study is trying to elicit episodic long term memory.

The participants that have a good recollection of activities during that period have a good episodic memory

It is an Episodic type of Declarative memory, which refers to the information that can be consciously remembered.

Types of long-term Memory

On the basis of distinction between cognitive uderstanding, long-term memory has been divided into two types: Declarative memory and non-Declarative memory.

Declarative memory are the things which are evoked consciously. While Implicit or non-declarative memory are those which is evoked unconsciously. There are two types of declarative memory, episodic memory and semantic memory.

The given statement is the type of episodic memory, as it records events which can be explained consciously.

Learn More about  episodic memory here:

https://brainly.com/question/25040884

According to the graph about ______of GDP was earned in trade in 1993. About_____of GDP was earned in trade in 2013. From 1998 to 2013, the percentage of GDP earned from trade ____.


Please help me

Answers

Answer:

example it maybe the right answer!!!

Share of National Income Earned by Top 1 Percent, Composition of Total R&D Spending as a Share of GDP, U.S. Merchandise and Overall Trade Deficits, 2000–2013. further in 2013, according to every major measure of house prices (Figure. (Berman, Bound, and Griliches 1994; Krueger 1993).

Answer:

<3

Explanation:

point out the major causes and consequences of human trafficking as expressed by kamala in the lesson above.

Answers

Answer:

Causes are poverty, lack of education, lack of awareness, and light punishments.  Consequences are traumas for both victim and people around them.

Explanation:

Kamala, the victim of human trafficking, is recalling her experience in this text, hoping to point out the causes and consequences of this inhuman activity.

We can determine from her text that some of the causes are:

education and illiteracy – people who have fewer education opportunities are more likely to be the victims of human trafficking. This is because they are not met with all the possible dangers, they might happen not to understand documents and read them, but also because they are often lured with the promise of educationpoverty – people who live in poor families and with not enough life resources will more likely be targeted as victims. Victims are often promised work and good earnings as a way to lure people. Some parents will even sell their children to traffickers because of money.awareness – not enough information is known about human trafficking, and people are not familiar with dangers and warning signs, which is why they are more likely to become targets.light laws and not enough institutions – while we can see from Kamala’s story that there are institutions and organizations solving problems of human trafficking, it is obvious the problems should be taken more seriously by the governments. Harsher punishments should be introduced to properly prosecute those who engage in human trafficking.

The consequences that we can see from Kamala’s account are

trauma – people who have been trafficked will likely suffer from trauma, causing them psychical problems.demolished families – we see from Kamala’s story how her family was affected by this, with her brother also ending up in jail. This is a trauma for people aren’t the victim as well.

When 16-year-old Vu agreed with his parents that his career would be to continue the family business, without exploring any other options, Marcia would say he was exhibiting:__________.
a. moratorium.
b. foreclosure.
c. identity achievement.
d. identity diffusion.

Answers

Answer:

B.

Explanation:

•How important were these laws to the American Colonists' break from
Great Britain?

Answers

Answer:

?

Explanation:

When going through the various stages of the process of forgiveness, you eventually pass from __________ to __________. a. angry; euphoric b. survivor; denial c. victim; survivor d. indignation; self-blame

Answers

Answer:

c. victim; survivor

Explanation:

To forgive a person it is necessary that you have been through a difficult and disadvantageous situation that that person has caused you. In other words, it is necessary for you to start the journey of forgiveness by being a victim of someone. However, after reflecting, going through the disadvantage, turning around and overcoming this situation you will become a survivor and be free to forgive your aggressor.

victim, survivor

Explanation:

Who defeated the Byzantine Empire in 1453, sacking the city of Constantinople?
A
the Almohad Caliphate
B.
the Golden Horde
С
the Holy Roman Empire
D
the Ottoman Empire

Answers

Answer:

D the ottoman Empire

Explanation:

led by Mehmad II they defeated The Byzantine Empire

When demographers find in a population that there are
more births than deaths the result is called:
Select one:
a. natural increase
b. natural growth
c. natural expansion
d. none of the above

Answers

=

a. natural increase

Help 10 points plz im really need ur help

Answers

Answer:

a common religion was required of all residents

Explanation:

america has freedom of religion therefore it couldn't be both

Witch of the following categories would trees fall under in the factors of production a land b capital c labor d entrepreneurship

Answers

Answer:

A. Land

Explanation:

Tree's are a natural resource, meaning they would fall under the category of A. Land.

i need help with this please please please

Answers

Answer:

It allowes time for the seed to germinate

Explanation:

Answer:

It allows the right time for the seed to germinate :)

Explanation:

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World history. Answer?

Answers

Answer:

A

Explanation:

When Muslim traders travel into foreign lands, they bring their religious and culturual beliefs. If these customs are accepted, they will be easily assimilated into the local populations and the religion spreads further.

Which event sparked the beginning of World War 1?

Answers

Answer: The assassination of Archduke Franz Ferdinand.

Explanation:

Answer:The assassination of Archduke Franz Ferdinand on June 28, 1914, in Sarajevo

Explanation:

Reforms wanted by Texans at the Convention of 1832 included all of the following, except a. to make Texas its own Mexican state b. the appointment a land title commissioner c. an end to the customs duties d. to reinstate immigration from the United States.

Answers

Answer:

I think it is D(to reinstate immigration from the United States.)

Explanation:

Sorry if i'm wrong

answer if you actually know ​

Answers

D. Standard of deferred payment

Why do countries specialize?

Answers

Answer:

products

Explanation:

Answer:

here.

Explanation:

Countries become better at making the product they specialize in. Consumer benefits: Specialization means that the opportunity cost of production is lower, which means that globally more goods are produced and prices are lower. Consumers benefit from these lower prices and greater quantity of goods.

write to your friend about your feelings towards your reaction ​

Answers

The correct answer to this open question is the following.

Your question is incomplete. You have to write ypur feelings about what. What situation?

Although you forgot to include this important information, doing some research it seems that the part that is missing is that you have to share your feelings about your reaction to the pandemic.

If that is the case, then the correct answer would be this.

Hi John,

This is a short letter to share with you my feelings and reaction to this pandemic.

As you have noted, a lot of things changed. Many people live in fear, and some others in confusion. There is a lack of information that is misguiding people's perspectives. There are doctors and specialists that say that you have to protect yourself with masks, and to stay home, meanwhile, other serious doctors and researchers say the opposite.

And the worst thing is that mass media, tv news, and the press, are only sharing one side of the story. Opinions of specialists, researchers, and medical doctors who have a different view have been censured or simply, their opinions are not reported by these news companies.

My family and I have found very interesting perspectives from these different opinions that just want t inform, and not create fear.  That is why, we are taking basic precautions, but we do not live in fear, we do not use a mask because breathing our own carbon dioxide all the time is counterproductive for our health, as many experts say, but we respect other people´s views, as we like others respect ours.

Hope you and your family are doing right.

Please, say hello to them and I wish you a happy Thanks Giving

in 2-3 sentences covince me to join a potical party

Answers

Answer:

come on in we treat every one fair we believe in world peace and a place everyone is happy saiund hard to believe yes but we thi k no we k ow we can make anything happen if we do it together *holds out hand*

Traits that are shared through remote ancestry and are no loner useful for determining evolutionary relationships are called:_______.a. primitive homologies.b. analogies.c. derived homologies.e. modifed analogies.e. ancestral analogies.

Answers

Answer:

modifed analogies

Explanation:

Bella i love you its jordan

Answers

Answer:

I m not saying give me points or etc

but give me some info about her

\ what is the meaning of symbol

Answers

slash for dividing or ''or''

What was NOT a part of Siddhartha's journey?

He spread Buddhism along the Silk Road.
He left his wife and child and went off looking for enlightenment when he was 35.
He sat under a fig tree and didn't move until he found what he was looking for.
He was called the "enlightened one".

Answers

Answer: He spread Buddhism along the Silk Road.

Explanation: Siddhartha wasn't on a mission to spread Buddhism around the world. He just thought Hindu practices were too hard.

Answer:

He spread Buddhism along the Silk Road.

Explanation:

Melodyâs teachers since she began going to school. what does this say about her school system, or about attitudes at her school about teaching children with special needs? how does the inclusion program change melodyâs school experiences? describe both positive and negative results of the program

Answers

This question is about "Out of My Mind"

Answer and Explanation:

After reading the novel, we can assess the positioning of Melody's school in relation to students with some type of disability. We can see that most teachers are very well trained to serve these students, always showing themselves to be very patient, solicited and qualified for this type of student. This shows how the school is committed to providing quality education to any type of child, as well as being responsible for reducing the discomfort of children with disabilities in the best possible way.

The positive point of this is that it allows children with disabilities to have special treatment that will facilitate their learning, forming real students, who will not be beaten up by their disabilities.

The negative point is that this type of education usually costs more, but this is a small negative point, when related to the benefits that this type of education provides.

Which of the following occurred after King Solomon died?
Israel was conquered by the Assyrians.
Judah was conquered by the Babylonians.
The Kingdom was divided by the 12 Hebrew tribes.
All of the Above

Answers

Answer: Israel was conquered by the Assyrians

Explanation:

Which of the following statements about migrant farm workers in the United States is false?
A.
75% of migrant farm workers in the US were born in Mexico.
B.
7th grade is the average highest grade completed by migrant farm workers in the US.
C.
53% of migrant farm workers in the US are not legally authorized to work.
D.
81% of migrant farm workers in the United States speak Chinese as their primary language.

Answers

Answer:

D: 81% of migrant farm workers in the United Sattes speak Chinise as their primary language.

Explanation:

ITS JUST FALSE

Answer: D: 81% of migrant farm workers in the United States speak Chinese as their primary language.

Explanation: I got it right on Edge.

The Aztecs believed, like the Maya, that the world had been destroyed two times by the gods. True false

Answers

Answer: False

Explanation: The Five Suns was the present world being preceded by 4 other cycles of life and death. (Creation and Destruction)

So it would be false because they believed it was destroyed more than 2 times.

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CAN SOMEONE HELP ME You and your friends go to the beach for vacation. You all walk down to the beach to go swimming. When you get there, you see the water is murky and green, and there are algae blooms floating on top. If it is excess nutrients which are feeding the algae blooms and lowering the oxygen content in the water, that process is called:_______.a. nutrient cycling.b. nitrification.c. eutrophication.d. hypoxia. How far 75% of 2000 km trip what will Biden do to this country? The structure below is used in agriculture. What could be a benefit of thistechnology?A. It can be used to grow food in areas with a shortage of land.B. It can create food using more land than a traditional farm.C. It can be used to grow food without sunlight.D. It can create unemployment problems in the farming industry. (x+2/3)=(2x-4/2)what is x equal to? Explain how the climate zones of Africa affect trade?Help me asappp!! Say something you are grateful for and be descriptive!Happy Thanksgiving!! we learned that Gregory Samsa was a lieutenant In the army before he came in traveling salesman what is the authors likely purpose for including this detail about the protagonist Francesca obtains a loan of $18.965.00. The loan has a simple interest rate of 3%. How much interest will Francesca owe at the end of the first year? 4. Is the relation represented on the graph a function? Explain5. What is the slope of the line shown on the graph? Explain how you got your answer pls. Which term represents a system of Sumerian writing where the symbols are created using a series of wedge-shaped parts? Compare data set A and data set B. Set A: mean = 79.6, standard deviation = 9.8Set B: mean = 79.6, standard deviation = 2.3 Create a 5th degree trinomial that has a constant term of 3. WHAT IS A TAPE DIAGRAM AND WHAT DOES IT LOOK LIKE? Chlorophyll is found inA. neither plant nor animal cells.B. animal cells.C. plant cells.D. plant and animal cells. I need 5 lines that have a positive slope f (x) = 2x3 + x2 - 7x + 1 has Z-5=8 what is the answer Find the unit rate. Round your answer to the nearest hundredth.3500 calories for 6 servings of pie