Question and answer
The law of demand says that as the price of an item goes up, A. people will want more of it. B. its producer will make less money. C. its producer will lose more money. D. people will buy less of it.
The law of demand says that as the price of an item goes up, PEOPLE WILL BUY LESS OF IT.
s
Question
Asked 11/29/2015 10:23:44 AM
Updated 1/23/2016 11:54:31 PM
1 Answer/Comment
Get an answer
New answers
Rating
8
The law of demand says that as the price of an item goes up, PEOPLE WILL BUY LESS OF IT.
Added 1/23/2016 11:54:31 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [1/23/2016 11:56:06 PM]
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What kind of economy does the United States have? A. Command B. Traditional C. Mixed D. Market
Question
Not Answered
Updated 11/29/2015 10:39:29 AM
1 Answer/Comment
The United States have a Mixed economy.
Added 11/29/2015 10:39:29 AM
This answer has been confirmed as correct and helpful.
Which of the following statements about socialism is false? A. The government owns some large industries such as health care and the railroads. B. People still make economic decisions. C. The government tells people where to work. D. People can own private property.
Question
Not Answered
Updated 6/18/2016 5:46:07 AM
1 Answer/Comment
The following statement about socialism is false: The government tells people where to work.
Added 6/18/2016 5:46:07 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [6/18/2016 6:59:25 AM]
The main reason producers make things is to A. help the economy. B. pay taxes. C. make a profit on them. D. overcome shortages.
Question
Not Answered
Updated 11/29/2015 11:17:04 AM
1 Answer/Comment
The main reason producers make things is to make a profit on them.
Added 11/29/2015 11:17:04 AM
This answer has been confirmed as correct and helpful.
Which of the following statements is true for a capitalist economy? A. Most of the businesses are owned by the government. B. The government controls most of the economy. C. The factors of production are owned mostly by the people. D. It's not practiced in the United States
Question
Not Answered
Updated 11/29/2015 5:27:26 PM
1 Answer/Comment
The factors of production are owned mostly by the people is true for a capitalist economy.
Added 11/29/2015 5:27:26 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/29/2015 8:07:59 PM]
The market system is said to be driven by A. government controls. B. property ownership. C. self-interest. D. contracts
Question
Not Answered
Updated 11/30/2015 10:18:22 AM
2 Answers/Comments
The market system is said to be driven by: SELF-INTEREST.
Added 11/30/2015 10:18:22 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/30/2015 11:13:26 AM]
33,081,237
questions answered
Popular Conversations
What group was given power in Iroquois society that was not usally ...
Weegy: "Women" was given power in Iroquois society that was not usually given power in other civilizations.
1/9/2021 9:03:30 PM| 25 Answers
relatioship among people are
1/11/2021 10:12:15 AM| 12 Answers
Complete the comparison 17>
Weegy: 17 > 1 User: Calculate 110/11 Weegy: 110/11 = 10 User: What is the selling price of a 12,543 boat if a 758 ...
1/8/2021 4:19:35 AM| 3 Answers
Which inverse operation will be used to verify the following ...
Weegy: 34 ? 3 = 102 would be used to verify the equation 102 ? 3 = 34. User: Piece of perfection so 93 pizzas on ...
1/10/2021 5:25:09 AM| 3 Answers
Simple past tense
Weegy: Simple present tense is a tense in which an action is happening right now, or when it happens regularly. ...
1/10/2021 5:45:02 PM| 3 Answers
Identify the phrase in the following sentence. Jolene went to the ...
Weegy: Jolene went to the city to find a new job.
1/11/2021 9:40:11 AM| 3 Answers
Which of the following measures tells something about the ...
Weegy: Data is a set of values of qualitative or quantitative variables; restated, data are individual pieces of ...
1/12/2021 3:12:14 PM| 3 Answers
-4(2+8)
Weegy: -4|-4| User: 2(9-3) Weegy: 12*9-3 = 108-3 = 105.
1/13/2021 1:29:14 AM| 3 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
P
R
P
R
Points 875 [Total 4728] Ratings 0 Comments 765 Invitations 11 Offline
S
L
L
1
P
1
L
P
Points 677 [Total 11697] Ratings 4 Comments 637 Invitations 0 Offline
S
L
Points 339 [Total 3658] Ratings 0 Comments 339 Invitations 0 Offline
S
L
1
Points 319 [Total 2751] Ratings 1 Comments 299 Invitations 1 Offline
S
L
Points 314 [Total 1128] Ratings 0 Comments 314 Invitations 0 Offline
S
L
Points 170 [Total 170] Ratings 0 Comments 170 Invitations 0 Offline
S
R
L
Points 164 [Total 781] Ratings 0 Comments 164 Invitations 0 Offline
S
L
1
1
1
1
1
1
1
1
1
1
1
1
Points 120 [Total 2666] Ratings 11 Comments 10 Invitations 0 Online
S
L
1
1
1
1
1
Points 90 [Total 1470] Ratings 9 Comments 0 Invitations 0 Offline
S
L
P
P
P
1
P
L
1
Points 83 [Total 9355] Ratings 1 Comments 73 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.