Social Studies, 01.04.2021 20:10 lisilyn9755
Which are characteristics of the law of supply? CHECK ALL THAT APPLY.
A. The more money a producer can earn for an item, the more they will keep making.
B. Consumers are only willing to spend so much on a particular item.
C. If an item is not turning a profit, the producer will not keep much around.
D. The higher the price of an item the higher the quantity supplied.
E. The higher the price of an item the lower the quantity supplied.
Answers: 3
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The technique of getting a commitment from a potential customer and then changing the terms of the agreement is best described as low-balling. cognitive dissonance. reciprocal concession. the foot-in-the-door technique. a half-dozen high school students are going to a concert. chantal wants to wear a new colorful outfit that she just received as a gift, but she assumes that her five friends will all be wearing nothing but black leather. chantal decides to do likewise, and leaves her colorful outfit in the closet. chantal’s behavior is an example of conformity. resistance. reciprocation wariness. idiosyncrasy credits.
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Which are characteristics of the law of supply? CHECK ALL THAT APPLY.
A. The more money a producer...
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