What is supply state the law of supply?

What is supply state the law of supply? Definition: Law of supply states that other factors remaining constant, price and quantity supplied of a good are directly related to each other. In other words, when the price paid by buyers for a good rises, then suppliers increase the supply of that good in the market. […]

What was it like for early settlers in Jamestown?

What was it like for early settlers in Jamestown? Life in the early 1600s at Jamestown consisted mainly of danger, hardship, disease and death. The first settlers at the English settlement in Jamestown, Virginia hoped to forge new lives away from England―but life in the early 1600s at Jamestown consisted mainly of danger, hardship, disease […]

What happens to elasticity as price increases?

What happens to elasticity as price increases? The more discretionary a purchase is, the more its quantity of demand will fall in response to price rises. That is, the product demand has greater elasticity. But the less discretionary a product is, the less its quantity demanded will fall. When demand is elastic a price decrease […]

When experiencing amnesia do you experience?

When experiencing amnesia do you experience? The two main features of amnesia are: Difficulty learning new information following the onset of amnesia (anterograde amnesia) Difficulty remembering past events and previously familiar information (retrograde amnesia) What is the loss of memory for events that occurred after an injury called? Post-traumatic amnesia is a state of confusion […]

Who ruled California?

Who ruled California? Coastal exploration by Spanish began in the 16th century, and settlement by Europeans along the coast and in the inland valleys began in the 18th century. California was ceded to the United States under the terms of the 1848 Treaty of Guadalupe Hidalgo following the defeat of Mexico in the Mexican–American War. […]

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