Explain the concept of supply and demand and how opportunity cost relates to demand.

Answers

Answer 1

Answer:

Supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers.

Explanation:

Answer 2

The association between the amount of a product that producers want to sell at different prices and the amount that customers want to buy is known as supply and demand in the discipline of economics.

What is the law of demand?

Following the rule of demand, a basic principle of economics, buyers will demand fewer units of a good at a premium cost. Consumer demand improves when prices fall, then decreases when prices increase.

The ability of the marketplace to provide a product or offering is referred to as supply, but the market's need to purchase the goods or services is referred to as demand.

From all of the alternatives available, the idea of opportunity cost supports us in picking the most suitable one. Customers search out less costly alternatives in response to higher opportunity costs to buy a specific commodity or service, which lowers the quantity desired.

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Related Questions

Item3 10 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 3 Sally is the only student from a foreign country in an Auditing class. On the day of the midterm exam, Sally asks the teacher whether she could use a dictionary to translate English words to her native tongue so she can better understand the questions. What do you think the instructor should do if she follows the ethical principle of justice

Answers

Answer:

Allow Sally to use the dictionary.

Explanation:

As Sally is at a disadvantage in comparison with her classmates, the instructor should allow her to use the dictionary during the test to have the same opportunities as the rest of the class. In this case, the ethical principle of justice is treating Sally differently from the rest to give her equality and have a fair test.

Which of These is a Goal of The United States government in stabilizing the economy

Answers

Answer:

To decrease unemployment rate

Explanation:

I got thesame question

What causes the freezing point to change with the addition of salt?

Answers

Answer:

When added to ice, salt first dissolves in the film of liquid water that is always present on the surface, and lowering its freezing point below the ices temperature. Ice in contact with salty water therefore melts, creating more liquid water, which dissolves more salt, thereby causing more ice to melt, and so on.

Answer: It will decrease the freezing point of water, or melting ice

Explanation:

Where was the prophet Muhammad born?
a. Medina
b. Jerusalem
C. Baghdad
d. Mecca
Please select the best answer from the choices provided

Answers

Answer:

medina maybe I'm not sure

5. You have been watching your friend Deb trying to teach her son Sean how to do a puzzle. Sean has done this puzzle many times and he usually just needs help with the pieces that are in a difficult area that is all black. Deb is trying to help Sean but her instructions would be appropriate for a child who has never done the puzzle before. What can you tell Deb about Vygotsky’s theory, in general, and scaffolding, in particular, that might help her teach Sean in more effective ways?

Answers

Vygotsky's zone of proximal development

the difference between what a child can achieve alone and what he/she can achieve with assistance.

Children first learn in social setting by having someone more skilled to direct and assist them to complete the tasks.

In this case, having Deb to do the puzzle with Sean. As they become more skilled at the tasks, they gradually become independent and master the task through individual learning. As Sean gradually needs less help with the puzzle as he is more skilled at it. Eventually, he can do the puzzle of by himself.

____________________________________________________________________________
Scaffolding

a teaching style that provide the assistant and instruction that matches the learner's needs exactly.

This is neither by giving more and less instructions than required. If we give more instructions that needed, children will be depended on the instruction and will not move on to individual learning. If we give less instructions than needed, children will struggle and eventually give up. As children progress with learning the tasks, instructions can be adjusted to provide less and less gradually to promote gradual increase in independent learning.

In this case, as Sean only needs help with difficult pieces. Instead of giving full instruction to Sean, Deb can use scaffolding by only help with the puzzle pieces that Sean is struggling with. Gradually, as Sean becomes better, Deb can should help less and eventually not help at all.

Vygotsky's theory of cognitive development emphasizes the role of social interaction and guidance in children's learning.

According to Vygotsky, children learn and develop new skills through their interactions with more knowledgeable individuals, such as parents, teachers, or peers. One important concept in Vygotsky's theory is scaffolding.

Scaffolding refers to the support provided by a more competent person to help a learner acquire new knowledge or skills. It involves adjusting the level of support based on the learner's current abilities and gradually reducing that support as the learner becomes more capable.

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What was one outcome of the Supreme Court's decision in Bush v. Gore?
A.
A national debate about the need for the Electoral College.
B.
A change in the way presidential elections are decided.
C.
A change in the way that votes are recounted.
D.
A national debate about the role of the Supreme Court.

Answers

C
A change in the way votes are recounted.

Explain how the new kings felt about culture. PLS HURRY IM BEING TIMED

Answers

Answer:

The new kings perspective on culture was that all new and old cities to be cultural centers of Greece. People had migrated and settled around the Hellenistic kingdoms speaking and reading the same language: koine, or “the common tongue,” which was a kind of vernacular Greek

Explanation:

Hope this helps

What is treason? Why could the signers be charged with it?

Answers

Answer:

Whoever, owing allegiance to the United States, levies war against them or adheres to their enemies, giving them aid and comfort within the United States or elsewhere, is guilty of treason and shall suffer death, or shall be imprisoned not less than five years and fined under this title but not less than $10,000;

Explanation:

Which amendment protects freedom of assembly?
PLEASE HELP

Answers

Correct answer is: 1st amendment

20 POINTS PLEASE HELP ME


Selecting a jury is the first step of which process in the adult justice system?

Group of answer choices

Trial

pretrial

appellate

judicial

Answers

Answer:

D I think don't trust me till the other person pls

Explanation:

Answer:

The answer would be trial.

Explanation:

The first step in any trial case, is to select a jury. A judge and the attorneys working on the case ask the potential jurors questions to determine their suitability to serve on the jury.

Which statement best describes a limiting factor?

A. A limiting factor is a nonliving or living thing that regulates the
size of a population.

B. A limiting factor is a nonliving or living thing that increases the
size of a population.

C. A limiting factor is a living thing that keeps the size of a
population steady.

D. A limiting factor is a nonliving thing that makes the size of a
population fluctuate greatly over time.
Item +35440

Answers

Answer:

C) A limiting factor is a nonliving thing that keeps the size of a steady population

Explanation:

limiting factor is anything that constrains a population's size and slows or stops it from growing. Some examples of limiting factors are biotic, like food, mates, and competition with other organisms for resources.

What is the purpose of democratic government?

Answers

Answer:

to make you wanna die

Explanation:

12. Describe the process of how a battery is made.

Answers

Answer:

A battery is a device that stores chemical energy and converts it to electrical energy. The chemical reactions in a battery involve the flow of electrons from one material (electrode) to another, through an external circuit. The flow of electrons provides an electric current that can be used to do work.

Explanation:

When Marcia was in high school, all she had to do to make an A on a test was to study the printed notes for about 20 minutes. For her first test in college, Marcia tried this same study technique and received a grade of F. After this experience, Marcia took her instructor's advice and began using the SQ4R method to read her textbook and the LISAN method for taking notes. This change in Marcia's study technique illustrates:_______

Answers

Answer:

B). Accommodation

Explanation:

'Accommodation' is described as the process of cognitive growth in which the child remodels his/her previous knowledge in order to allow the new information to adapt effectively. In the given situation, Marcia's study demonstrates this 'accommodation technique' as she modifies what she already knows in order to incorporate the new information into the existing schema aptly. Thus, option B is the correct answer.

Describe the shape below.

Show you work

Answers

Answer:

where's the shape?

Explanation:

How does the Marbury decision enhance the system of checks and balances??

Answers

Answer:

Marbury v. Madison enhanced the system of checks and balances by giving the Supreme Court (judicial branch) a very strong check on the actions of the Congress (legislative branch). In Marbury, the Supreme Court took this power for itself. By doing so, it gave itself a way to overrule the actions of Congress.

Explanation:

5 fun facts about Hernado De Soto

Answers

Answer:

just look it up

Explanation:

and you will get the answer

Answer:

#1 HIS PARENTS WANTED HIM TO BE A LAWYER

#2 HIS FIRST EXPEDITION WAS TO THE WEST INDIES

#3 HE AMASSED A FORTUNE THROUGH SLAVE TRADING IN NICARAGUA

#4 HE PLAYED A MAJOR ROLE IN DEFEATING THE INCAS IN THE BATTLE OF CAJAMARCA

#6 HERNANDO DE SOTO WAS MADE GOVERNOR OF CUBA IN 1537

Explanation:


What is a blitzkrieg?
A
A quick takeover of an entire nation
B
A slow advance across a small amount of territory
C
A military stand-off
A fascist political movement

Answers

Answer:

A

Explanation:

Based on source 3 and 4, which statements best describe how the migration patterns of early humans influenced where they settled? Select two correct answers. Select one or more: A. Early humans mostly migrated westward and usually settled near water. B. Early humans migrated to escape natural disasters and settled only in safe locations. C. Early humans followed a variety of migration routes because they often followed the animals. D. Early humans traveled until they found areas to settle that were suitable to their needs. E. Early humans mainly followed routes far away from coastlines and settled near rivers. F. Early humans usually traveled to and settled in cold regions.​

Answers

Answer:

I have the same question need an answer asap

Explanation:

Constitution is considered to be a basic element of a state. Why?​

Answers

Answer:

Because it outlines the fundamental structure of the state and the fundamental rights of the people of the state

Answer:

Constitution is considered to be a basic element of the state because:

Because it tells you how the state is constituted. It tells us what the different organs of state are and what are its powers and what are not. It tells us how power is shared among its organs.The Constitution highlights the need for independent institutions & that objectives of the political system, such as whether it would be democracy, what kind of a democracy and lastly what people expect from a democratic nation.The constitution gives some guidelines on other functions if the state.They can be done only by the post establishment of the state.

What global issues can you think of that might be caused by only using the mercator projection ?

Answers

Answer:As a side effect, the Mercator projection inflates the size of objects away from the equator. This inflation is very small near the equator but accelerates with increasing latitude to become infinite at the poles

Explanation:

The “uses of geography” is the element of geography about the study of __________.
A.
the past and the future
B.
human cultures
C.
natural regions
D.
natural environments

Please select the best answer from the choices provided
A
B
C
D


(C is not the answer)

Answers

The answer is definitely D . Because the Greek word meaning of Geo is Earth .

The “uses of geography” is the element of geography in the study of natural environments. The correct option is D. Spatial and thematic components are two distinct parts of geographic information. The spatial component provides the location, as determined by a specific reference system, and it provides the locational information.

What is the main importance of geography?

Geography enables us to explore and comprehend space and place by highlighting the vast differences among cultures, political structures, economies, landscapes, and environments around the world and exploring the connections between them.

Natural resources, climatic patterns, landforms, population distribution, and other aspects of life can all be studied using geography. Understanding human interactions with their environment, such as migration trends or trade routes, is another application of geography.

Thus, the ideal selection is option D.

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what is miletts??????​

Answers

Answer:

Millets are a group of highly variable small-seeded grasses, widely grown around the world as cereal crops or grains for fodder and human food. Millets are important crops in the semiarid tropics of Asia and Africa, with 97% of millet production in developing countries.

Explanation:

Americans might think of millet as a main ingredient in birdseed. But in a third of the world, from Africa to Asia to Eastern Europe, people eat millet as a staple part of their diet. It's one of the earliest cultivated grains and more than 6,000 varieties grow around the world. It's a primary ingredient in flatbreads, beer and other fermented beverages, and porridges. In the United States, many commercially produced gluten-free breads use millet flour, either solely or in conjunction with flour milled from other gluten-free grains.

Who were the Loyalists?
delegates to the Continental Congress
subjects sent by Britain to fight on its behalf
colonists who opposed breaking away from Great Britain
members of Parliament who passed laws for the colonies

Answers

Answer:

colonists who opposed breaking away from Great Britain

Explanation:

Hope that helps!

Ming Li is a student. Ming Li will take a test soon. When studying, he realizes that if he reads every book, article, and newspaper about the topics, he will surely get an A. He thinks that if he considers every possibility equally, remembers them all, and synthesizes it together, he will do perfectly on the test. What problem is Ming Li not considering that would cause his study strategy to fail

Answers

Answer: hindsight bias

Explanation:

The problem that Ming Li is not considering that would cause his study strategy to fail is the hindsight bias.

Hindsight bias, is also referred to as "knew-it-all-along phenomenon" and it occurs when individuals use past and make estimstes in future.

In this case, he believes that if he studies every book and article, he'll get an A. This may not eventually happen due to hindsight bias.

Use the information below to answer the question that follows. Some Features of the Articles of Confederation Each state had one vote Laws required approval from 9 of the 13 states to pass Congress lacked the power to tax citizens No national court system or national executive Amendments required approval by all 13 states What was one argument that critics could make about the Articles of Confederation

Answers

Answer: C. The national government had little power to get states to cooperate.

Explanation:

The Articles of Confederation made the Federal Government notoriously weak with the logic being that a strong central government might have become tyrannical overtime.

The Federal Government was totally reliant on the States as it was the states that raised taxes and gave what they wanted to the Federal Government. With such power vested with them, they States did not even feel the need to cooperate sometimes.

No better symbol exists of how man has altered the river, in ways both bad and good, than Grand Coulee Dam. Built during the Depression, the dam's benefits were manifold. It put 7,000 people to work, created a reservoir for the biggest irrigation project the country had ever seen, provided flood control, and produced electricity that would power America's war effort. At the time, it was the largest concrete structure ever built. Today Grand Coulee generates more electricity than any other dam in the U.S., enough for a million households a year. . . .


The dams have wreaked havoc on salmon, the creature that symbolizes the Northwest, whose epic migration from streams to ocean and back again to natal streams is one of the wonders of the natural world. Today perhaps 200,000 to 300,000 wild salmon remain on the Columbia, less than 3 percent.


–Fen Montaigne, "A River Dammed," 2001


What is the main idea of this passage?

A. The dam had little impact on the region.


B. The dam helped the entire region grow.


C. The dam had both positive and negative effects.


D. The dam did not have any effect until many years later.


I NEED THIS ASAP PLEASE

Answers

Answer: (C) The dam had both positive and negative effects.

Explanation: I 2 do the assignment

Answer:

c

Explanation:

got it right on edge

why do selfies look like it's moving when viewed faster in transition?​

Answers

Answer:

Because taking pictures is slowly developing the pictures we made and when you move fast it will be blurred

The term insanity is:
A. a legal term
B. in the DSM.
C. used for anyone who has a mental disorder.
D. used for someone with schizophrenia.

Answers

Answer: a legal term

Explanation: took the test

Anybody who makes sense is sane, and (A) the legal name for insanity is "insanity."

What do we mean by the word insanity?

If someone is sensible, they are sane.

By contrast to noncompos mentis, or insanity, which refers to a tormented conscience, the phrase compos mentis has exclusively come to denote having control of one's thoughts in modern society.

Insanity is a recognized legal term.

For instance, someone exhibiting insanity may stab someone else while having a sleepwalking episode or attempt to kill the president in order to impress a well-known actress.

A criminal defendant can use the legal defense of criminal insanity to prevent their conviction for a crime.

Therefore, anybody who makes sense is sane, and (A) the legal name for insanity is "insanity."

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During the Cold War, the city of Berlin was located in which country?
A.East Germany
B.West Germany

Answers

Answer:

east Germany

Explanation:

it was so early use socrative too

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