Which phrase describes the substitution effect?A.) buying cheaper alternatives when a product becomes expensive
B.)replacing existing producers in a market with new producers
C.)replacing existing products in a market with higher-quality products
D.)substituting existing technology with a new technology to produce more goods

Answers

Answer 1
Answer: The phrase that describes the substitution effect is A) buying cheaper alternatives when a product becomes expensive. 
Answer 2
Answer:

The correct answer is A. Buying cheaper alternatives when a product becomes expensive

Explanation:

In economics the substitution effect refers to the effect a rise in the price of a specific product has on the consumers choice, this implies when the price of some specific product rises and the income of consumers remains unchanged, the consumer will decide to buy similar but cheaper products or the alternative product, substituting more expensive products for cheaper alternatives. Similar results can be obtained if the price of a specific product falls and the product consumers buy remain the same, which will lead consumers to substitute the usual product they buy by the alternative cheaper product. Thus, the phrase that describes substitution is buying a cheaper alternative when a product becomes expensive, which means consumers choose similar but cheaper products if the usual product price rises.


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What did Confucius believe

Answers

Confucianism is an ethical and philosophical system that is normally considered one of the world religions. It originated in China but has spread to Korea, Taiwan and Vietnam. Most people who adhere to the teachings of Confucius follow Chinese traditional religion, which is a blending of Confucianism, Buddhism, Taoism, and traditional local practices and beliefs. 

Confucianism is more of a belief system about social order than it is one about God, the existence of god. There is piety towards god but god itself is not set in stone. 
Confucianism, as its founder taught, is not a religion in the traditional sense. It is an ethical code. Chinese culture was steeped in the religion of animism, a belief that gods and spirits dwell in natural formations. Along with an animistic world view, there was a belief in ancestor worship. The spirits of the dead needed to be honored and cared for by the living family members.However, in his teachings, Confucius avoided spiritual issues. He can be categorized as an agnostic who believed in spirits and the supernatural but was not interested in them. He was humanistic and rationalistic in his outlook. "His position on matters of faith was this: whatever seemed contrary to common sense in popular tradition and whatever did not serve any discover able social purpose, he regarded coldly." The answer to the cultural and social problems was found in humanity itself, not in anything supernatural. Confucius beliefs were edited by his later disciples:) 
I hope this helped:) it took forever:)

Does the constitution ensure that the president and congress will fight for power?

Answers

Answer:

No. it isn't

Explanation:

Constitution only ensured that proper checks and balances exist between the president and congress so they do not become too powerful. The president was granted with the power to veto the Congress and passed its own laws, and the congress was granted with the power to vote and override the veto.

They don't have to always fighting for power, there are times when President and the Congress have to work together for the good of the nations. But the constitutions definitely ensured that they can limit each other.

Randall tries to pick up a small bit of plastic wrap that is on his desk. Randall's hand has a positive charge. The piece of plastic has a positive charge. What will happen when Randall's hand gets close to the plastic?A.
The plastic will stick to Randall's hand.
B.
The plastic will move towards Randall's hand.
C.
The plastic will move away from Randall's hand.
D.
The plastic will circle around Randall's hand.

Answers

The plastic will move away from Randall's hand when Randall's hand gets close to the plastic.

To be able to solve this question, we need to understand the concept of electric forces for charges at rest based on Coulomb's Law.

What is electric forces for charges at rest?

According to Coulomb's Law, like charges repels each other and unlike charges attract each other.

From the given information;

  • Randall's hand indicates that his hand is positively charged (proton)
  • The piece of plastic also has a positive charge

Thus, they will repel each other as soon as the hand moves closer to the piece of the plastic.

Learn more about electric forces of charges here:

brainly.com/question/25923373

The answer is C. Since the two protons will have a tendency to repulse each other in light of the fact that they both have a positive charge. Then again, electrons and protons will be pulled in to each other in light of their not at all like charges.

How many times must a bill be read in the House of Representatives before a final vote is taken on its adoption?A. 1
B. 2
C. 3
D. 4

Answers

The correct answer is: three readings!

The first reading is the general introduction of the bill, and after this, the bill will be worked on in a committee.
In the second reading, the bill is presented to the full house and discussed.

After the third and final reading (which might include the changes in the bill) the bill will be voted on!

 

In today’s labor force, workers are waiting longer to retire.
a. True
b. False

Answers

In today's labor force, workers indeed are waiting longer to retire - a.

The reason for this is the fact that people are living longer and the population is aging. With it, this brings together the fact that people simply are not able to work up to the same age as they used to. 

Answer: a. True

In today's labor force, people are waiting longer to retire. This is due to several reasons. Pension plans are less generous than they were in the past, so people often do not have enough money to retire. Moreover, people are living longer, which means that they might need more savings than they did in the past. Finally, because people are living longer, they often have higher medical bills which require larger amounts of money.

How does scarcity make countries interdependent?

Answers

With some country's, there is not a lot of good economy or food, lucking in basic needs, with other countries helping out, they are able to help each other out .