When a price changes, consumers have an incentive to consume less of the good with a relatively higher price and more of the good with a relatively lower price. What is this an explanation for?

A) Demand Effect

B) Supply Effect

C) Income Effect

D) Substitution Effect

Question 37 (1 point)
A higher price means that, in effect, the buying power of income has been reduced, even though actual income has not changed. What is this the explanation for?


A) Income Effect

B) Supply Effect

C) Substitution Effect

D) Demand Effect

Question 38 (1 point)
If Australia holds an absolute advantage in didgeridoos and Japan holds an absolute advantage in katana blades, both countries could be made better off if they specialize in those respective goods and trade.

True
False
Question 39 (1 point)

We must learn to ignore sunk costs when making decisions.
True
False

Question 40 (1 point)

Allocative efficiency takes place at every point along the production possibilities frontier.

True
False

Answers

Answer 1

Answer:

D

Explanation:


Related Questions

What are some examples of decomposers?
Choose all that apply:

A fungus that breaks down the bark of trees.

An orchid that uses sunlight for energy.

A squirrel that eats acorns.

A bacteria that breaks down dead leaves.

Answers

A fungus that breaks down the bark of trees

A bacteria that breaks down dead leaves

Which of the following statements is correct regarding Mountain-Valley breezes? a. During the day, valley air heats rapidly and rises upslope. At night, mountain air cools quicker and moves downslope into the valley. b. Valley air remains cooler than mountain air both day and night and only moves down the valley, but not upslope. c. During the day, mountain air heats faster than valley air and moves downslope to the valley. At night, valley air cools faster and rises upslope. d. Mountain air always rem

Answers

Answer: During the day, valley air heats rapidly and rises upslope. At night, mountain air cools quicker and moves downslope into the valley.

Explanation:

The correct statement about Mountain-Valley breezes is that during the day, the valley air heats rapidly and then rises upslope while at night, mountain air cools quicker and then moves downslope into the valley.

During the day, when the valley floor warms, it should be noted that the warm air will then rise up to the slopes of the mountains that are around its surrounding which brings about a valley breeze.

Then during the night, the denser cool air will then slides downward the slopes and then settle in the valley which then gives the mountain breeze.

Therefore, the correct option is A.

round 100 place
957
8670
32614​

Answers

Answer:

1000

8700

32600

Explanation:

PLEASE HELP :)

What percentage of US solders were injured or killed in the Vietnam War?


A: 50%
B: 25%
C: 5%
D: 10%

Answers

25 % of US soldiers were injured

Answer:

B. 25 percentage of US solders were injured or killed in the Vietnam War

Explanation:

I had read its answer as 30 percent but here is not that option .

What global marker serves as the symmetrical line which creates a mirror image of the vegetation and climate of Africa?

Answers

Answer:Tropic or cancer

Explanation:


According to critics of the one-child policy, what are the risks of keeping the policy
as it is?

Answers

The negatives include accelerating population ageing, the skewed sex ratio, and the decline in the working-age population, which would threaten economic growth. Moreover, in 1980 the government had pledged that the one-child policy would last for just one generation, so change was overdue.

Which of these is not a satellite
A ) The international space station that orbits the earth

B ) Pluto's moon Charon

C ) The sun at the center of the solar system

D ) The earth as it moves around the sun

Answers

Answer:

C

Explanation:

C the sun at the center of the solar system

Can you explain what science notation is?

Answers

Answer:

Science notation is "a way of expressing numbers that are too large or too small to be conveniently written in decimal form. " In other words, shortening numbers. Lets say we have 45,000, and we want to write that. Instead of writing that, we could write 4.5 x 10^4.

Explain How earthquakes can be both a destructive and creative force?

Answers

Earthquakes can be both (as you said) destructive and creative. earthquakes can damage underground mines greatly especially if there are people down there, they can break apart homes, and do far worse depending on their force. But, they can also be a creative force. When the fault lines move they can cause incredible damage, BUT they also can cause new land formations (constructive), witch is a good sign. But for the most part, earthquakes are only causing of destruction.  

Earthquakes can be both a destructive and creative force. This is because earthquakes are known to be destructive, destroying buildings and much more. But at the same time, earthquakes can be creative because of the outcome. Their force can create many new things on this earth such as creating more land.

What is the rank of India as per the human development index ( HDI ) repo of 2020​

Answers

Answer: 131

Explanation:

According to the Human Development Index, which is presented by the United Nations Development Programme (UNDP) every year, on 2020 India ranked 131 out of 189 countries. With an HDI value of 0.645, India fell in the medium human development category. Although India’s HDI is more than that of the South Asian region average (0.641) and is also above the average value of 0.631 among the medium HDI category countries, the HDI doesn´t include the inequality in the distribution of human development across all the people of India.

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