Mathematics, 16.04.2021 21:20 caromaybelline71
How did the economic law of supply and demand increase the wealth of business owners during the Industrial Revolution?
1. As mass production lowered the prices of goods, many more consumers bought them, which increased demand.
2. Mass production led to greater supplies, which meant that more natural resources were needed to meet the demand.
3. Consumers demanded lower prices as they came to rely or more types of supplies.
4. Business owners were able to increase profits by lowering their workers' wages but still charging the same price for goods.
Answers: 2
Mathematics, 21.06.2019 20:00, stichgotrich7159
Michael is training for a marathon. in his first week he plans to run 8miles. what path should he take
Answers: 1
Mathematics, 21.06.2019 23:40, thetudent41
Let x = a + bi and y = c + di and z = f + gi. which statements are true?
Answers: 1
How did the economic law of supply and demand increase the wealth of business owners during the Indu...
Mathematics, 28.01.2020 14:45
Mathematics, 28.01.2020 14:45
Biology, 28.01.2020 14:45
Health, 28.01.2020 14:45
Biology, 28.01.2020 14:45
Mathematics, 28.01.2020 14:45
Computers and Technology, 28.01.2020 14:45