Think Critically
How does this article demonstrate the law
of demand? Is there a possible violation
of the "other factors held constant"
assumption?
Chapter 3 Market Demand

Answers

Answer 1

Answer:

Explanation:

Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price. Demand is based on needs and wants—a consumer may be able to differentiate between a need and a want, but from an economist’s perspective they are the same thing. Demand is also based on ability to pay. If you cannot pay, you have no effective demand.

What a buyer pays for a unit of the specific good or service is called price. The total number of units purchased at that price is called the quantity demanded. An increase in the price of a good or service almost always decreases the quantity demanded of that good or service. Conversely, a decrease in price will increase the quantity demanded.

When the price of a gallon of gasoline goes up, for example, people look for ways to reduce their consumption by combining several errands, commuting by carpool or mass transit, or taking weekend or vacation trips closer to home. Economists call this inverse relationship between price and quantity demanded the law of demand. The law of demand assumes that all other variables that affect demand are held constant.

Demand schedule and demand curve

A demand schedule is a table that shows the quantity demanded at each price.

A demand curve is a graph that shows the quantity demanded at each price. Sometimes the demand curve is also called a demand schedule because it is a graphical representation of the demand scheduls.

Here's an example of a demand schedule from the market for gasoline.

Price (per gallon) Quantity demanded (millions of gallons)

\$1.00$1.00dollar sign, 1, point, 00 800800800

\$1.20$1.20dollar sign, 1, point, 20 700700700

\$1.40$1.40dollar sign, 1, point, 40 600600600

\$1.60$1.60dollar sign, 1, point, 60 550550550

\$1.80$1.80dollar sign, 1, point, 80 500500500

\$2.00$2.00dollar sign, 2, point, 00 460460460

\$2.20$2.20dollar sign, 2, point, 20 420420420

Price, in this case, is measured in dollars per gallon of gasoline. The quantity demanded is measured in millions of gallons over some time period—for example, per day or per year—and over some geographic area—like a state or a country.

Here's the same information sho


Related Questions

Is religion male?
• What evidence is there that
religion is male or female?​

Answers

Answer:

Religion can be said to be male

Explanation:

I am not an expert but as in every religion male are more profited as they do most of the yagnas, ritual, etc.

if the religion is male than it is surely biased towards males and females are therefore not a great part.

Bacon's Rebellion is associated with which English colony?

Answers

Answer:

Jamestown, Virginia

Explanation:

Bacon's Rebellion happened in Virginia. Nathaniel Bacon destroyed the colony of Jamestown.

Answer:

Colony of Virginia

Explanation:

Why America's First Colonial Rebels Burned Jamestown to the Ground. Bacon's Rebellion was triggered when a grab for Native American lands was denied. Jamestown had once been the bustling capital of the Colony of Virginia. Now it was a smoldering ruin, and Nathaniel Bacon was on the run.

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The Triple Entente and the Triple
Alliance together triggered what
event?
A. Russian Revolution
B. French Revolution
C. World War I
D. World War II

Answers

Answer:

the answer is C

Explanation:

the Triple Entente was comprised of 3 nation they were France, England, and Russia

Answer:

C

Explanation:

I got it right on acellus

Which major political event was partially caused by the Soviet war in Afghanistan?
a
Soviet occupation of Hungary
b
building of the Berlin Wall
c
placement of nuclear missiles in Cuba
d
collapse of the Soviet Union


I'm stuck on this question and I am finally giving in, help!

Answers

Answer:

a

Explanation:

A major political event that was caused by the Soviet invasion of Afghanistan was d. collapse of the Soviet Union.

What was the effect of the Soviet invasion of Afghanistan?

When the Soviets invaded Afghanistan, they suffered heavy losses thanks to American arms supplies to rebels.

This led to the Soviet Union pulling out in disgrace and a chain of events happened that led to the fall of the Union.

Find out more on the Soviet War in Afghanistan at https://brainly.com/question/4024895.

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What was the outcome of the Baton Rouge bus boycott in 1953?

The city agreed to allow black-owned bus companies to run in black neighborhoods.
The city agreed to end segregation on city buses in mostly black neighborhoods only.
The city agreed to increase the number of bus seats allotted to African Americans.
The city agreed to adopt a first-come, first-served system of seating on all buses.

Answers

Answer:

The city agreed to end segregation on city buses in mostly black neighborhoods only.

Explanation:

Before the Baton Rough bus boycott, there was a great level of segregation on city bus among the whites and the blacks. This widespread segregation was as a result of the believe that both races are never equal. When  the segregation reached a given height, there was a need for them to stop hence the bus boycott in 1953.

Answer:

It is c The city agreed to increase the number of bus seats for African Americans.

Explanation:

Hey yall i need help for this question please

Answers

1. Voltaire
2. Wallstonecraft
3. Salons

The 15th Amendment focused on preserving the rights of U.S. citizens regardless of their race or position in society. What was the core right used in the 15th
amendment to preserve all rights?
Select one:
A. The right to vote
B. The right to assemble.
C. The right to freedom of religion.
D. The right to not incriminate oneself.

Answers

A. The right to vote.

Explanation:

The 15th Amendment was ratified in 1870 and made it so African Americans who were previously enslaved before the Civil War could now have the right to vote.

The 13th, 14th, and 15th Amendments all go together in a lot of ways. The 13th Amendment abolished slavery, the 14th Amendment made it so previous slaves were U.S. citizens, and the 15th Amendment gave previous slaves the right to vote.

The South hated the fact that African Americans could now vote and many were scared that they would start voting for people in power who would better their lives. This caused whites in the South to put poll taxes and literacy tests on polls, making it so many African Americans could not vote, despite the 15th Amendment.

What was D-Day and why was it critical to the Allies winning
World War II?

Answers

Answer:

The Importance of D-Day

The D-Day invasion is significant in history for the role it played in World War II. It marked the turn of the tide for the control maintained by Nazi Germany; less than a year after the invasion, the Allies formally accepted Nazi Germany's surrender.

Explanation:

....

Which civilization was the first to adopt
Democracy as a form of government?

Answers

Answer:

The first known democracy in the world was in Athens. Athenian democracy developed around the fifth-century B.C.E. The Greek idea of democracy was different from present-day democracy because, in Athens, all adult citizens were required to take an active part in the government.

Explanation:

The concept of democracy originated in Athens, Ancient Greece

The comparison of andrew jacksons democratic party to the modern day democratic party

Answers

Answer:

In theory, both styles promoted the equality of the common man, rejected Old World aristocracies, and saw the common farmer as the epitome of an American. However, the big difference between the two is that while Jeffersonian democracy disliked a strong federal government, Jacksonian democracy sought to increase the power of the presidency, in an attempt to bring the public into greater participation with the government.

I am only in middle school, so I am trying my best. Hope this helped!

In which region of North America did the Great Awakening begin?
A: the South
B: the Midwest
C: New England
D: the Pacific Northwest

Answers

Answer:

The answer is c new England

How might the course of American history have changed if the Bill of Right discrimination of all kinds and had protected the rights of minorities? ​

Answers

Answer:

The Bill of Rights consists of 10 amendments that explicitly guarantee certain rights and protections to US citizens by limiting the power of the federal government. The First Amendment prevents the government from interfering with the freedoms of speech, peaceable assembly, and exercise of religion.

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Analyze how social darwinism and political machines were used as responses to growing class divisions.​

Answers

Answer: Many Social Darwinists embraced laissez-faire capitalism and racism. They belived that government should not interfere in the "survival of the fittest" by helping the poor and promoted the idea that some races are biologically superior to others.

Explanation:

I hope this help and ur pretty btw

Answer:

I dont know if you still need help with this, but help me with my question on my other account named cutiepatato and its the newest one there, and i really need help

Explanation:

describe Watan Jagir of Rajput in 5 marks question​

Answers

Answer:

Watan Jagirs were the persons who collected taxes from each village and gave them to mansabdars and mansabdars gave the taxes to the authority. The rulers of Amer and Jodhpur served as vassals under the Mughals, and they were awarded watan jagirs (regions or provinces) which they could rule independently.

The Watan Jagirs of the Rajputs: Many Rajput kings, particularly belonging to Amber and Jodhpur had served extremely well under the Mughals. In exchange, they were allowed to enjoy considerable autonomy in their watan jagirs. These rulers, in the 18th century, attempted to extend their control over adjacent areas. The ruler of Jodhpur, Ajit Singh, was involved in the factional politics at the Mughal court.




These Rajput families were influential. They claimed the subadari of the rich provinces of Gujarat and Malwa. Raja Ajit Singh of Jodhpur held the governorship of Gujarat whereas Sawai Raja Jai Singh of Amber was governor of Malwa. In 1713, these offices were renewed by Emperor Jahandar Shah. As an effort to extend their territory, they also seized portions of imperial territories neighbouring their watans:

Match each philosophy to it's main idea.
Column A
Column B
1.
a. Legalism
2.
b. Confucianism
The needs of family and community are most
important.
Nature and the Dao are more important than
worldly affairs.
Harsh laws and strict punishment are required
to keep order
3.
C. Daoism

Answers

Try looking for the worksheet + answer key with the title of the assignment
i think the answers are B C A in that order but i’m not 100% sure sorry:/

What does the line marked "A” represent?


A) the Yalu River

B) the demilitarized zone

C) the modern China-North Korea border

D) the original China-South Korea border


Study the map of the Korean peninsula.

Answers

Answer:

D

Explanation:

The answer is D

hope it helps

Answer:

I sorry I'm late, but I'm taking the test now and I think the answer is

B. the demilitarized zone

Explanation:

Because:

Hope helps people who need this answer.

Why do we know so little about the Harappans

Answers

edgunity        000000000000000000000000000000000000000000000000

Place the events below in order that shows the changes of the Christian Church
through the Protestant and Catholic Reformation movements.
A-This culminates in major religious clash known as the 30 Years War. Which severely weakened the power of the Catholic Church in Europe.

B-The Catholic Church responded to these protestants the Council of Trent. forming the Jesuits and taking action against heretics during the Inquisition

C-The Catholic Church had absolute religious authority in Europe.

D- Once the Catholic Church began selling Indulgence Letters, Luther
became upset with the Churches corruption and began speaking out and
challenging the Catholic Church.

E-Other reformers began protesting against the Catholic Church, like John
Calvin and Henry VIII

PLEASE HELPPPP

Answers

Answer:

bb

Explanation:

Which group's main role was to provide military service for the people in the Medieval Ages?

a-King
b-Lords/Nobles
c-Knight
d-Peasant

Answers

I’m pretty sure it’s knights because they were the ones guarding people and castles

1. What did all of the Founding Fathers agree that a written constitution needed to protect?

property rights

women's autonomy

executive privilege

federal judges​

Answers

Answer:

the first one is the answer

Explanation:

due to that is what they talked about then

Answer:

property rights

Explanation:

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What economic problems are shared by the nations of North Africa? Give several examples.

Answers

The North African countries west of Egypt are Libya and the Maghreb ... and their similar history give the cultures of these four countries many things in common . ... Yet, Algeria still faces severe economic problems.

Question 23
1 pts
(Active Citizens LO 5 MC)
The First Amendment, which has been interpreted by the Supreme Court many times, reveals that
there are limits (1 point)
both on the powers of Congress and on individual rights
O neither on the powers of Congress nor on individual rights
O only on individual rights
O only on the powers of Congress

Answers

Answer:

scholarlycommons.law.case.edu › ...PDF

Mga resulta sa web

Separation of Powers, the Political Branches, and the Limits of the powers

The following excerpt about United States foreign policy.

On April 10, 1971, nine American players, four officials, and two spouses, accompanied by 10 journalists, crossed a bridge from Hong Kong into mainland China . . . [On] April 14, the United States lifted a 20-year-old trade embargo against China . . . and that summer, in the aftermath of the goodwill established . . . President Richard M. Nixon announced that he, too, would go to China the following year. . . .



The excerpt describes which U.S. government program?



Open Door Policy

Dollar Diplomacy

Ping-Pong Diplomacy

Monroe Doctrine

Answers

Answer:

Open door policy

Explanation:

The earliest records about Japan tell us:

A: They were heavily influenced by Korea.

B: China was dominant in their culture.

C: The Chinese encountered a land they called Wa, with many simple villages.

D: The Emperor Wa settled the islands.

Answers

C. I think that is correct

Answer:

The Chinese encountered a land they called Wa, with many simple villages.

Explanation:

What does the United States Flag mean to you? What do you think it symbolizes?

Answers

This is what the flag means :The stripes represent the original 13 Colonies and the stars represent the 50 states of the Union. The colors of the flag are symbolic as well; red symbolizes hardiness and valor, white symbolizes purity and innocence, and blue represents vigilance, perseverance and justice.

Which of the following best defines a trust? A trust is a large company or business combination that controls a market. A trust is a large company that consists of two merged businesses. A trust is a business that competes with other businesses in its market. X A trust is made of multiple businesses that combine and operate in one state.​

Answers

Answer:

A trust is a large company that consists of two merged businesses. A trust is a business that competes with other businesses in its market

Explanation:

This makes the most sense.

Answer:

its A

Explanation:

i got it right

did wallace turnage ever manage to escape during the civil war?

Answers

Yes. After a long period of time hope it’s right!!!

Answer:yes

Explanation:

please help out another kind lad
The Nazi’s Final Solution was to kill or genocide of all the Jewish population.

True
False

Answers

Answer:

true

Explanation:

The Final Solution is the shortened version of what the Nazis called the Final Solution to the Jewish Question. It was the term for the Nazi plan for the extermination and Genocide of the Jewish people during World War II.The code name was for the murder of all Jews in reach but was not restricted to Europe once they had completed their aims within the continent. The program evolved during the first 2 years of the war leading to the Holocaust where the aim was to murder “every last Jew in the German grasp”.The Final Solution was a policy of the Nazi Party, a policy of deliberate and systematic genocide, and was formulated by Nazi leadership in the January of 1942 at the Wannsee Conference which was held near Berlin. Following this, the Holocaust took the lives of 90% of the Polish-Jewish population, two-thirds of the Jewish European population. That is around six million Jews in total.

The Final Solution was a secretive plan that was built in steps during World War 2. The Nazi Party had found ways of making many Jews die quicker in a single place, like in concentration camps. The whole point of it was to eventually build up to the genocide of all Jews within reach. So technically it's true.

DIVIDED THE LAND INTO A SMALL STATES TO MAKE IT EASIER TO RULE
GIVING THE POWER TO THE _______________________


braillist to the right answer

Answers

Answer:

Explanation:

Which of the following is commonly identified as a failure of the Articles of Confederation?

Answers

Answer:

Weak National Government. In response to widespread antipathy toward a strong central government, the Articles of Confederation kept national government weak and allowed for the states to be as independent as possible. But almost soon as the Articles took effect, problems with this approach became apparent.

Explanation:

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