According to the law of demand, price and quantity move where?

Answers

Answer 1

Answer:

along a track in opposite directions.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.

On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

This ultimately implies that, there exist a negative relationship between the quantity of goods demanded and the price of a good. Thus, when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.

According to the law of demand, price and quantity move along a track in opposite directions i.e the quantity of goods or services demanded is inversely proportional to the price of the goods or services at a specific period of time.


Related Questions

Why young people find the transition from high school to university challenging in

Answers

Answer:

Young people find the transition between school and university challenging for various reasons as discussed in the followings: During the transition from School to University, students will have to take more responsibilities for their own learning.

Explanation:

Which of the following is the Ancient Greek sculpture of the Archaic style?
A. toros
B. kouros
C. telos
D. colossal

Answers

Answer:

B

Explanation:

Which of these is not shown on the map of Explorersville?

A) church

B) park

C) stream

D) school








D) atlas

Answers

Answer:

Show the map for us to answer!!

Monterey and Virginia Beach are the same distance from the equator and they are both near the ocean. Use the information on the map to answer these questions: How does the air temperature of Monterey compare to the air temperature of Virginia Beach? Why? *

A. The air at Monterey is the SAME as Virginia Beach. They are both near moving ocean water, so the same amount of energy is transferred to the air at both locations.

B. The air at Monterey is the SAME as Virginia Beach. Even though the ocean water at each location is a different temperature, the same amount of energy is transferred to the air at both locations.


C.
The air at Monterey is COLDER than Virginia Beach. At Monterey, energy is transferred from the air to the ocean. At Virginia Beach, energy is transferred from the ocean to the air.


D. The air at Monterey is COLDER than Virginia Beach. At Monterey, only a little energy is transferred from the ocean to the air. At Virginia Beach, a lot of energy is transferred from the ocean to the air.

Answers

Answer:

C. The air at Monterey is COLDER than Virginia Beach. At Monterey, energy is transferred from the air to the ocean. At Virginia Beach, energy is transferred from the ocean to the air.

Explanation:

Resources are distributed unevenly throughout the world. This fact MOST relates to the reasons for
A. profit seeking.
B. free enterprise
C. international trade.
D. business competition.

Answers

Answer:

C

Explanation:

i would say C because as we know the world competes even more so in the business industry so it's supply and demand kinda

First Right Gets Brainliest!

What helped to restore trade on the Silk Road before the Renaissance?

The Mongolian Empire made travel safe.
European goods were demanded in Asia.
Asian shipbuilding technology aided travel.
The Mongolian Empire developed patronage.

Answers

Answer:

Hi guys :)

Explanation:

Your answer should be The Mongolian Empire made travel safe (A)

It helped to restore trade on the Silk Road before the Renaissance was the Mongolian Empire made travel safe. The correct option is (A).

What do you mean by Silk Road?

The Silk Road was an ancient commerce path that attached the Western world to the Middle East and Asia. It served as an important commerce route between the Roman Empire and China, and subsequently between medieval European kingdoms and China.

Due to commerce along the Silk Road, Italian cities such as Venice, Florence, and Genoa became immensely rich. The leaders of these towns used their vast riches to support art, architecture, and research. These three characteristics characterized the Renaissance.

Therefore, the Mongolian Empire made travel safe was helped to restore trade on the Silk Road before the Renaissance.

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Please Help me i need the right answer fast and please dont guess thanks <3

Answers

Answer:

A i think

Explanation:

Which of the following is a disadvantage of using crowdsourcing?​

Answers

1. No confidentiality. This is the deadliest downfall of crowdsourcing. ... Putting your naming challenge out for crowdsourcing can clue in competitors to what you're up to and make it possible for someone else to see your great new idea and run away with it.

2. Which country is located in the Caribbean Sea and is 90 miles south of Florida?
Mexico
Brazil
Cuba

Answers

Cuba - ok? Anyway yesss

What is the BEST example of checks and balances in action?

Answers

Answer:

The best example of checks and balances is that the president can veto any bill passed by Congress, but a two-thirds vote in Congress can override the veto. Other examples include: The House of Representatives has sole power of impeachment, but the Senate has all power to try any impeachment.

Hope it helps☝

Answer:

Checks and Balance: The separation of powers within the federal government prevents any one branch of government from having too much power. In addition, each branch of government can check, or limit, the powers of the other branches. The ability of each branch of government to limit the power of the other branches is called checks and balances. Each branch of the federal government can use checks and balances to keep the other branches from becoming too powerful

Explanation:

After the president vetoed a bill, it was passed in Congress by a two-thirds majority and became a law. The Supreme Court decided that a law passed by Congress was unconstitutional . These are the examples of 1 branch of government checking the power of another branch.

-I hope this will help you from my knowledge

I really need help with this

Answers

^That person playing you that take all you’re information don’t fall for it

The sum of two numbers is 67. The larger number is 13 more than the smaller number. What is the larger number​

Answers

Answer:

x + y = 67

y = x - 13

x + x - 13 = 67

2x = 80

x = 40

y = 40 - 13 = 27

It's 40 and 27

The sum of two numbers is 67. The larger number is 13 more than the smaller number. The larger number​ is 40.

In mathematics, the term "sum" refers to the result of adding two or more numbers together. It represents the total or the combined value of the numbers being added. The sum is often denoted by the symbol "+".

To find the larger number, we can use a straightforward approach:

1. Let's assume the smaller number is x.

2. According to the problem, the larger number is 13 more than the smaller number. So, the larger number is x + 13.

3. The sum of the two numbers is given as 67. We can write the equation: x + (x + 13) = 67.

4. Simplifying the equation, we have: 2x + 13 = 67.

5. Subtracting 13 from both sides of the equation, we get: 2x = 54.

6. Dividing both sides of the equation by 2, we find: x = 27.

7. Now that we know the value of x, we can find the larger number by adding 13 to it: 27 + 13 = 40.

Therefore, the larger number is 40.

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please help:/ i’m struggling

Answers

I have no idea but it’s a very good question

Match the terms with the definitions

lesson 3.03

Question 1 options:

Revolution


Rotation


Axis


Orbit

1.
Path an object travels around another in space

2.
Spinning of an object on its axis

3.
A line that runs through the middle of an object

4.
The travel of a planet around the sun

Answers

Answer:

Revolution - 4. The travel of a planet around the sun

Rotation - 2. Spinning of an object on its axis

Axis - 3. A line that runs through the middle of an object

Orbit - 1. Path an object travels around another in space

Explanation:

hope this helps!

Matching the terms with the definition are:

Revolution: The travel of a planet around the sun.Rotation: Spinning of an object on its axis.Axis: A line that runs through the middle of an object.Orbit:  Path an object travels around another in space.

Matching the terms with the definition

Revolution can be defined as the way planet move around the sun.

Rotation means the way an object rotate or spin on its axis.

Axis can be defined as a line that pass through the middle of an object

Orbit means the way an object moves around another in space.

Inconclusion matching the terms with the definition is: Revolution: The travel of a planet around the sun.

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what points regarding women's right have been covered by the universal declaration of human rights​

Answers

Answer:

that women have the right to freedom of their bodies and stuff to do what they want. at the end of the day basically the same rights men have they just want to be treated equally.

Explanation:

what is social problem​

Answers

Hey social problem is an issue in a society or between two people or more

8. Who made England's first claims in North
America?
a. John Cabot
b. Christopher Columbus
C. Hernan Cortez
d. Francisco de Coronado
9. Which of the following is NOT an example
of how Native Americans adapted to
their environment?
a. Native Americans made up Origin
Stories
b. The Seminole built Chickees to
keep themselves out of the
Swamp
C. Native Americans of the
Northwest Plateau used cedar
bark for capes to stay dry.
d. The Hopi used clay to make pots
to store water.

Answers

8. John Cabot made the first claim in North America.

which continets are the Italian city-states connected to?

Answers

Answer:

Italy is located in southern Europe. Italy is bordered by the Adriatic Sea, Tyrrhenian Sea, Ionian Sea, and the Mediterranean Sea, and France, Switzerland, Austria, and Slovenia to the north.

Explanation:

hope it becomes helpful to you ☺️☺️

good luck

make a list of reasons behind poor conditions of transporation in our country?​

Answers

Answer:

lack of knowledge on geographical features.

lack of manpower necessary to operate the work.

difficult topography Mountains, Hills.

lack of capital required for investment.

lack of modern technology.

Explanation:

the effect of poverty on the south African economy​

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

The effect of poverty on the South African economy​ is that it affects more than 50% of the South African population, produces malnutrition in poor South Africans, and worsens the unemployment problem that is critical in the country. Right now, unemployment rates are approximately 30%

South African people are so poor that they cannot afford proper medical attention and other public services.

Let's have in mind that South Africa has a big AIDS problem. More than 5 million people are infected. Exclusion and marginalization are consequences of poverty in South Africa. And the biggest economic issue in the country is that South Africa's economy is too dependent on the service industries and not enough on mining.

The Negev Desert doesn't receive any rainfall and has to rely on irrigation systems for water supply.

True
False

Answers

The answer is true because as you can see it does need to rely on irrigation systems

Henry is traveling to Mexico for spring break. He is bringing $200 US dollars to spend on food for the 3 days he will be there. The Mexican peso exchange rate is 19.08 pesos = 1 US dollar. How much money will Henry get in pesos in exchange for his $200?
219.08 pesos
381,600 pesos
180.92 pesos
3,816 pesos

Please answer this
i put in 55 points

i will do anything pls answer this

Answers

Answer:

3,816 pesos

You times 200x19.08

why was the cathloic church important to europe in the middle ages?

Answers

Answer:

The Catholic Church in Europe had a heavy influence during the High Middle Ages, the period from about 1000 to 1300 C.E. The Church was the center of life in medieval western Europe.

Explanation:

A penny saved is a penny earned.” What do you think that quote means?

Answers

Answer:

I say that when you save a penny, you are kind off earning it because you are not spending it.

Explanation:

Best thing to do is not spend and save money.

A penny earned is a penny saved is a quote used to make you understand that money is important to save.

What is a quote?

A quote is a collection of words or phrases that is a line or two that is being taken from a book, novel a person saying, or a speech. These words are taken as it is from the sourced document and these are the words that are taken the same from the author without any editing or changes done or even the essence of this quote is not lost.

The quote A penny earned is a penny saved explains the importance of money in life. The money here means that if we earn money and then do not spend it or do any sort of expenses, that can be considered as the money earned also.

For example, if you earn $100 and save $25 then that money if put in term deposit will generate you more money. This example clearly justifies the quote.

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The money supply of a country is made up of which of the following?

Answers

Answer:

The money available in an economy.

Employment generation is an agent of
nation development. Justicy the statement,​

Answers

Answer:

yes

Explanation:

it is because the young /youth people are the future and if they are employped than in the future they can develop the country

Which pair of words BEST fills the blanks in this sentence?

Sudden popularity of a product is likely to cause the demand curve for that product to shift ______ and to cause its price to ________.
A. vertically, increase
B. horizontally, decrease
C. left, decrease
D. right, increase

Answers

I would say the answer is A

Explain the factors of population change​

Answers

Answer:

The answer is birthrate, death rate, and migration.

Birthrate explanation: Birthrate obviously means when a new baby is born, that counts in population change. (increases popluation)

Death Rate: Death rate is when a person dies, which incounts that the population of people is decreasing.

Migration: Migration is broken down into two factors which are; "Immigration" and "Emigration". Immigration means ENTERING a country other than your own. While on the other hand, emigration means to LEAVE your own country for another.

Hope this helped :)

Answer:

Population growth is based on four fundamental factors: birth rate, death rate, immigration, and emigration.

emigration: Emigration is the act of leaving a resident country or place of residence with the intent to settle elsewhere. Conversely, immigration describes the movement of people into one country from another. Hence one might emigrate from one's native country to immigrate to another country.

immigration:Immigration is the international movement of people to a destination country of which they are not natives or where they do not possess citizenship in order to settle as permanent residents or naturalized citizens.

Explanation:

how can we contribute to the control of climate change

Answers

Answer:

reduce water waste . buy better bulbs. ....

Explanation:

Humans should bring an end to all ways of degradation. Cutting down on food waste would only increase the amount of atmospheric carbon dioxide. Alternatively, inspire people to grow more trees in order to maintain nature's harmony. Furthermore, it reduces electricity consumption around the board.

Rolling friction is than sliding friction

Answers

Answer:

less

Explanation:

In case of rolling friction, the area of contact is less than in the case of sliding. Due to this, rolling friction is less than sliding friction.

As a body rolls upon another, it experience the resistance to motion which is known as rolling friction.

Sliding friction refers to a contact force that resists the sliding motion of two bodies.

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