genocide, crimes against humanity, war crimes, and the crime of aggression are the type of crime the international criminal court investigate and prosecute.
What is international criminal court?
International Criminal Court (ICC), a permanent judicial body created by the Rome Statute of the International Criminal Court (1998) to investigate, prosecute, and try people accused of genocide, war crimes, and crimes against humanity and to sentence people found guilty of such crimes to prison terms. The court started hearing cases on July 1, 2002, after the required number of nations (60) ratified the accord. Its main office is in The Hague, Netherlands.
In situations where national courts are ineffective, the ICC was founded as a court of last resort to prosecute the most egregious crimes.
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Where are most of Catalonia’s largest cities located?
Group of answer choices HURRRRRYYRYRYRY
along the border with Portugal
along the coast of the Mediterranean Sea
along the coast of the Bay of Biscay
along the border with France
Answer:
Most of Catalonia's largest cities are located in the eastern part of the region, near the Mediterranean coast. Barcelona, Tarragona, and Girona are among the most populous cities in Catalonia.
Explanation:
Which scenario would be a result of the 12th Amendment?
A.
The person with the most votes is elected president. The person with the second most votes is elected vice president.
B.
The voters have representatives called the Electoral College, who determine the president and vice president.
C.
The people vote only for the president. The president picks the vice president after election.
D.
The person with the most votes from one party is elected president. The person with the most votes from the other party is elected vice president.
please HELPP
Answer:
i think C because it sounds reasonable
Explanation:
i think im a reasonable kid
Harvey attended the University of Missouri in Kansas City, majoring in pre-med, and Harvey and Deanne Gilbert were both born and raised in Kansas City, Missouri. then completed medical school at the University of Missouri in Columbia. Deanne graduated from the University of Missouri with a degree in elementary education and began her teaching career in Raytown, Missouri, a suburb of Kansas City. During Harvey’s junior year in college, Harvey and Deanne were married. While Harvey at-tended medical school, Deanne taught fifth grade in Centralia, Missouri. Following graduation from medical school, Harvey was commissioned as a lieutenant in the U.S. Navy and completed his internship at the Oakland Naval Hospital. He spent 1 year in Vietnam as a physician on a troop transport ship. On returning from Vietnam, he was stationed in Stockton and San Diego, California. While stationed in Stockton, Deanne taught sixth grade at Colonial Heights Elementary School.
Harvey and Deanne Gilbert both have strong ties to the state of Missouri, particularly to Kansas City.
Harvey attended the University of Missouri in Kansas City and majored in pre-med before completing medical school at the University of Missouri in Columbia. During his junior year of college, Harvey and Deanne got married. Meanwhile, Deanne graduated from the University of Missouri with a degree in elementary education and started teaching in Raytown, a suburb of Kansas City. While Harvey was in medical school, Deanne taught fifth grade in Centralia, Missouri.
After completing his education, Harvey was commissioned as a lieutenant in the U.S. Navy and spent one year in Vietnam as a physician on a troop transport ship. Upon returning from Vietnam, he was stationed in Stockton and San Diego, California. While in Stockton, Deanne taught sixth grade at Colonial Heights Elementary School. Despite living in different parts of the country, both Harvey and Deanne continued to pursue their careers and make a difference in the lives of those around them.
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How does the content of the passage reflect the author’s point of view?
A How does the content of the passage reflect the author’s point of view?
B It provides facts and statistics showing that the problem of water shortages is growing.
C It shows that the author feels hopeless about the fate of our planet
D It shows that the author dislikes the fact that cities are growing faster in the southwest than elsewhere.
Option B is correct. Content of passage reflecting the author's point of view is that It provides facts and statistics showing that the problem of water shortages is growing.
What are the causes of water shortage?Agriculture uses more water than any other source, and much of it is wasted through inefficiency. Climate change is altering weather and water patterns around the world, causing water shortages and droughts in some regions and flooding in others. At current consumption rates, this situation is only getting worse.
What are the effects of water shortages?Water scarcity limits access to clean water for drinking and basic sanitation in homes, schools and health care facilities. Lack of water cripple sanitation systems and increase the risk of diseases such as cholera. Scarce water is also becoming more expensive.
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"A Dire Shortage of Water" Question 3: How does the content of the passage reflect the author's point of view?
answer choices
A It shows that the author approves of ongoing scientific research.
B It provides facts and statistics showing that the problem of water shortages is growing.
C It shows that the author feels hopeless about the fate of our planet.
D It shows that the author dislikes the fact that cities are growing faster in the southwest than elsewhere.
Which type of body language appears to most help us establish relationships?Physical TouchWord of AffirmationActs of ServiceSaving Money
Answer:
acts of service would be the most likely
Explanation:
because you are doing this you are showing he/she that you are willing to provide for and help them through things this would draw them in and find interest then words of affirmation because you would be boosting there confidence and make them feel good (people like that a lot) then physical touch like holding hands gives one a sense of protection and loyalty then saving money because it would show that you are saving to make a future and provide and serve
didnt know if it was an in order or just the first one so i hope this helps
to break a chemical bond particles need to collide with a certain amount of?
Answer:
To break a chemical bond, it is required that particles must have certain amount of energy so that when they can collide with each other due to this energy.
Explanation:
according to your textbook, this type of therapy focuses on teaching clients techniques and skills designed to make their appraisals more adaptive and break cycles of negative emotion. group of answer choices psychoanalysis. mentalizing therapy. counseling therapy. cognitive-behavioral therapy.
According to your textbook, cognitive-behavioral therapy focuses on teaching clients techniques and skills designed to make their appraisals more adaptive and break cycles of negative emotion. Therefore the correct option is option D.
Cognitive-behavioral therapy (CBT) is a type of therapy that focuses on teaching clients techniques and skills designed to make their appraisals more adaptive and break cycles of negative emotion.
Cognitive-behavioral therapy (CBT) is a psychotherapeutic approach that is based on the idea that psychological problems arise from the interplay of internal and external influences that shape the way people perceive and respond to events.
CBT is considered to be one of the most effective forms of psychotherapy, and it has been used to treat a wide range of mental health conditions. Therefore the correct option is option D.
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The following question may be like this:
According to your textbook, this type of therapy focuses on teaching clients techniques and skills designed to make their appraisals more adaptive and break cycles of negative emotion. group of answer choices
psychoanalysis. mentalizing therapy. counseling therapy. cognitive-behavioral therapy.list out the mean and resources available in nepal and describe any one of them
Answer:
The few resources in the country include precious minerals and metals (such as iron ore, copper, magnesite, and others), water resources for hydroelectric power, agricultural land, and forests.
Water is the most important natural resource of Nepal. Nepal is rich in water resource. Nature has been very kind to us by providing us with unlimited supply of water. Nepal is the second richest in the water resources in the world after Brazil.
Which of the following is not a valid criticism of Piaget’s theory of cognitive development?
Select one:
a. Cognitive development is more similar to a series of overlapping waves instead of the finite, sequential stages he suggested
b. All of the above are considered valid criticisms
c. He overestimated the abilities of younger children
d. He underestimated the influence of caregivers and culture
The right option is B. All of the above are considered valid criticisms of Piaget's theory of cognitive development.
The theory of cognitive development by Piaget provides a thorough explanation of the origins and growth of human intelligence. Jean Piaget, a Swiss developmental psychologist, is credited with creating it. The theory addresses the nature of information as well as how people acquire, create, and use it across time. The internal mechanisms relating to information and memory are the main topic of cognitive learning theory.
In opposition to the dominant behaviourist school of psychology at the time, Jean Piaget established cognitive psychology as his specialty in the 1930s. A schema, according to Piaget, is the fundamental piece of knowledge that accumulates over the course of a lifetime.
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after 54 years of production, the final build of which iconic aircraft just rolled off a us assembly line?
The iconic aircraft that recently completed its final build after 54 years of production is the Boeing 747.
Here's a step-by-step explanation:
1. The question asks about the aircraft that just rolled off a US assembly line after 54 years of production. This indicates that the aircraft has a long history and has recently reached the end of its production run.
2. The term "iconic" suggests that the aircraft is widely recognized and has had a significant impact in the aviation industry.
3. The Boeing 747 fits these criteria. It is one of the most well-known and iconic aircraft in the world, with a distinctive hump on the front of its fuselage.
4. The Boeing 747 first entered service in 1970 and quickly became a symbol of commercial aviation. It revolutionized air travel by being the first wide-body, long-range jetliner.
5. Over the past 54 years, the Boeing 747 has undergone various upgrades and modifications to meet changing industry needs. However, due to declining demand for large four-engine aircraft and the rise of more fuel-efficient twin-engine planes, the production of the Boeing 747 has come to an end.
6. The recent completion of the final build of the Boeing 747 signifies the end of an era for this iconic aircraft.
In conclusion, the iconic aircraft that recently completed its final build after 54 years of production is the Boeing 747.
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In 1947 the United Nations divided which area into juice country and an Arab country causing a conflict that still exist today in the Middle East
Answer:
Explanation:
United Nations Resolution 181, resolution passed by the United Nations General Assembly in 1947 that called for the partition of Palestine into Arab and Jewish states, with the city of Jerusalem as a corpus separatum to be governed by a special international regime.
If you could change 1 thing about the voter registration process, what would you change?
the uses images and storytelling that relate to minority cultures. group of answer choices temas multicultural thematic apperception test thematic apperception test (tat) minnesota multiphasic personality inventory (mmpi) rorschach test
The alternative C. TEMAS Multicultural Thematic Apperception Test makes use of photographs and storytelling that relate to minority cultures.
The required details for in given paragraph
Culture is an umbrella time period which encompasses the social conduct, institutions, and norms located in human societies, in addition to the knowledge, beliefs, arts, laws, customs, capabilities, and habits of the people in those groups. Culture is frequently originated from or attributed to a particular location or location. Humans collect way of life thru the learning strategies of enculturation and socialization, that's proven through the variety of cultures throughout societies. A cultural norm codifies applicable behavior in society; it serves as a guiding principle for conduct, dress, language, and demeanor in a situation, which serves as a template for expectancies in a social institution. Accepting most effective a monoculture in a social institution can undergo risks, simply as a unmarried species can wither within side the face of environmental change, for loss of useful responses to the change.
Thus in army way of life, valor is counted a regular conduct for an man or woman and duty, honor, and loyalty to the social institution are counted as virtues or useful responses within side the continuum of conflict. In the exercise of religion, analogous attributes may be recognized in a social institution.
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Of these countries, which was the last to begin colonizing efforts in the Americas?
A.Spain
B.England
C.France
D.Portugal
Answer:
B. England
Explanation:
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England was the last to begin colonizing efforts in the Americas. Hence, option B is correct.
What is colonizing efforts in the Americas?The aboriginal inhabitants suffered greatly as a result of European colonization of North America. Their way of life underwent a quick but permanent transformation. Numerous circumstances, such as the loss of land, illness, the imposition of laws that went against their culture, and much more, contributed to the changes.
To grow their wealth and strengthen their sway over global affairs, European countries migrated to the Americas. Among the first Europeans to explore the New World and establish themselves in what is now the United States were the Spaniards.
Political, religious, and economic factors all had a role in the settlement of the Atlantic coast. By 1600, both labor and capital in England had become quite mobile and were looking for more lucrative industries.
Thus, option B is correct.
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Kenneth thomas identifies four key rewards that increase an individual's intrinsic motivation; they are
According to Kenneth Thomas, the four key rewards that increase an individual's intrinsic motivation are sense of competence, sense of progress, sense of autonomy, and sense of purpose.
Kenneth W. Thomas identified four key rewards that increase an individual's intrinsic motivation. They are:
Sense of competence: This reward comes from feeling capable and successful in completing tasks or achieving goals. People feel motivated when they believe they have the skills and abilities to complete a task successfully.Sense of progress: This reward comes from making progress towards a goal. People feel motivated when they can see that their efforts are making a difference and moving them closer to achieving their desired outcome.Sense of autonomy: This reward comes from having control over one's own work and being able to make decisions about how to approach tasks. People feel motivated when they have a say in what they do and how they do it.Sense of purpose: This reward comes from feeling that one's work has meaning and contributes to a larger purpose. People feel motivated when they believe that their work has a positive impact and is meaningful.To learn more about intrinsic motivation visit: https://brainly.com/question/15542056
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In measuring job performance, productivity is measured in
A. promotion
B. subjective terms
C. influence
D. units
Answer:
the answer to this question is D. Units
module 59 ap psychology provide an example from your own life of the three parts of the reciprical-determinismmodle
The reciprocal determinism model is an important concept in psychology, which explains the dynamic interaction between an individual's behavior, their environment, and their internal thought processes.
For instance, let's say that I have a fear of public speaking. According to the reciprocal determinism model, my fear is not just the result of my internal thoughts or personality, but it is also influenced by the environment and my behavior.
My thoughts or internal factors might include my belief that I am not a good public speaker or my fear of being judged negatively by others. These thoughts can contribute to my fear and make me feel anxious about public speaking.
However, my behavior can also reinforce my fear of public speaking. For example, if I avoid public speaking situations, this can make me feel even more anxious the next time I am faced with such a situation. This avoidance behavior can reinforce my fear and make it even more difficult for me to overcome it.
Finally, my environment can also play a role in my fear of public speaking. If I have had negative experiences with public speaking in the past, this can contribute to my fear and make it even harder to overcome. Alternatively, if I have had positive experiences and received positive feedback from others, this can help to reduce my fear and make it easier to speak in public.
Overall, the reciprocal determinism model suggests that our behavior, thoughts, and environment are all interconnected and can influence one another in complex ways. Understanding these interactions can be helpful in identifying the factors that contribute to our behaviors and can help us to change them when needed.
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using very powerful microscopes, scientists estimate the volume of some of the smallest bacterial cells to be 0.0090 cubic micrometers. What is the correct way to write this amount in scientific notation
Answer:
90×10-3 cubic micrometers
Explanation:
Apex :)
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Answer:Question 1 is issuing buisness licens
Question 2 is wisdom justice and moderation
Question 3 is 25
Question 4 is 40
Question 5 is speaker pro tempore
Question 6 is introducing a bill in the house of senate
Basiaclly you had them all right
Slaves and indentured servants. Which one worked for others and which one worked for free passage?
Critically discuss the contextual factors contributing to the #FeesMustrall
Movement in South African universities.
The #FeesMustFall movement in South African universities emerged in 2015 and 2016, with student protests demanding free, decolonized, and quality higher education. Several contextual factors contributed to the movement:
High cost of education Unequal access to educationWhat was FeesMustFall movement in South African?A student-led protest movement called #FeesMustFall started in South Africa in the middle of October 2015. The initiative aimed to boost government financing for colleges while also halting increases in student fees.
In October 2015, Wits University saw the emergence of Fees Must Fall. Rhodes Must Fall, the movement to decolonize the University of Cape Town (UCT), which saw the removal of a statue of twentieth-century imperialist Cecil Rhodes as its symbol, foreshadowed it.
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Why might the Maya
gods have been based on natural forces?
Answer:
The Mayans religion involved several aspects of nature, astronomy and rituals. Most Gods represented a form in nature, for example, Sun God, Kinih Ahous, or Maize God, Yum Kaax. These were used during their religious rituals. Similar to the Egyptians, the Mayans built Pyramid like temples for religious reasons.
Explanation:
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The Maya gods were based on natural forces since they were involved in many parts of nature, astronomy, and ceremonies. Many Gods reflected a natural form.
Where did the Mayan gods come from?The Mayan gods came from the Underworld through a cave or a cenote. It was the basic belief of the people that When kings died, they descended into the Underworld by the cosmic movement of the sun; however, because they possessed magical talents, they were reborn into the Sky World and became gods.
Mayan's religion was heavily influenced by nature, astronomy, and ceremonies. The majority of Gods took on natural forms, such as the Sun God, the Maize God, Yum Kaax.
These were used in their religious rituals. Like the Egyptians, the Mayans built pyramid-shaped monuments for sacred purposes.
Therefore, Because they were involved in many aspects of nature, astronomy, and rites, the Maya gods were founded on natural forces. Many Gods took on natural forms.
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Even in this 21st century,some tribes of nepal are living in hunting and gathering society. Their existence has become critical due to deforestation. In this situation,how should we protect them from extinction?Suggest any four measures.
Answer:
The State of the World’s Indigenous Peoples has been a collaborative effort in which a number of experts and
organizations have participated.
The thematic chapters were written by Joji Carino, Duane Champagne, Neva Collings, Myrna Cunningham,
Dalee Sambo Dorough, Naomi Kipuri and Mililani Trask. The introduction was written by the Secretariat of the
Permanent Forum on Indigenous Issues.
The Secretariat of the Permanent Forum on Indigenous Issues oversaw the preparation of the publication. Elsa
Stamatopoulou, Chief of the Secretariat provided overall leadership throughout the entire process of preparing this
publication. Broddi Sigurdarson was managing editor for the production of the publication from its inception.
Important contributions were made by Sonia Smallacombe, Carol Pollack, Juan Fernando Nuñez, Maria Luz
Aragon, Ekaterina Gorbunova and Anna Satarova. Contributions were also made by Oksana Burnabaeva, Olga
Khovenmei, Bonney Hartley, Tobias Langenbach and Elizabeth Martinez.
Special gratitude goes to the Russian Association of the Indigenous Peoples of the North (RAIPON) and the Yamal
Nenets Autonomous Okrug for organizing an expert Group Meeting in Salekhard, Russian Federation which brought
together the authors and other experts for a three day meeting in preparation for this publication. The efforts of
Pavel Sulyandziga were particularly valuable in organizing this meeting. Other individuals also contributed to this
meeting. They include: Rodion Sulyandziga, Yana Dordina, William Langeveldt and Oksana Ilyina.
Special acknowledgements go to the editor, Diana Vinding and also to Ziad Al-Kadri and Marko Srdanovic of the
UN Graphic Design Unit, Department of Public Information.
Jomo Kwame Sundaram, Assistant-Secretary-General for Economic Development, and Anisuzzaman Chowdhury
of the Department of Economic and Social Affairs provided invaluable comments.
STATE OF THE WORLD’S INDIGENOUS PEOPLES
v
Foreword to the State of the World’s Indigenous Peoples
By Mr. Sha Zukang, Under-Secretary-General for Economic and Social Affairs
Indigenous peoples are custodians of some of the most biologically diverse territories in the world. They are also
responsible for a great deal of the world’s linguistic and cultural diversity, and their traditional knowledge has
been and continues to be an invaluable resource that benefits all of mankind.
Yet, indigenous peoples continue to suffer discrimination, marginalization, extreme poverty and conflict. Some
are being dispossessed of their traditional lands as their livelihoods are being undermined. Meanwhile, their
belief systems, cultures, languages and ways of life continue to be threatened, sometimes even by extinction.
Increasingly, governments are recognizing these threats, and matching such recognition with action. From land
claims settlements and constitutional amendments to important symbolic actions such as apologies for past
treatment of indigenous peoples, governments around the world are making important steps towards addressing
indigenous peoples’ concerns.
In responding to the challenges they continue to face, indigenous peoples have engaged the international
community, calling for a Declaration on the Rights of Indigenous Peoples and a permanent forum at the United
Nations that meets regularly to discuss indigenous peoples’ issues and make recommendations to the UN system
and beyond.
The United Nations has committed its unwavering support to a future where all indigenous peoples will enjoy
peace, human rights and well-being, and has responded to indigenous peoples’ demands, welcoming them as
partners. The United Nations Declaration on the Rights of Indigenous Peoples was adopted in September 2007,
and the Permanent Forum on Indigenous Issues meets annually at UN Headquarters, bringing together indigenous
peoples, Member States, NGOs, UN agencies and other intergovernmental organizations.
Explanation:
Describe a potential human safeguard for each of the threats you
identified in your answer to question 1.
A neighborhood accounting firm
A Dentist's office
A Honda dealership
Consider the categories of threat in Figure 10-3. Describe the three most serious threats to each of the following businesses: 1. A neighborhood accounting firm 2. A Dentist's office 3. A Honda dealer
1. Neighborhood accounting firm: Implement strict access control measures, such as ID badges and limited access to sensitive areas.
2. Dentist's office: Thorough training on patient privacy and data security protocols for all staff members.
3. Honda dealership: Conduct comprehensive background checks and screening procedures for employees handling finances or accessing valuable assets.
1. For a neighborhood accounting firm, implementing strict access control measures is crucial to address the threats identified. This includes requiring employees to use ID badges and limiting access to sensitive areas where client information is stored. By controlling physical access, the firm can prevent unauthorized individuals from gaining access to confidential data, reducing the risk of data breaches or unauthorized disclosures.
2. In a Dentist's office, the most serious threats involve patient privacy and data security. Providing thorough training on patient privacy and data security protocols is essential for all staff members. This training should cover topics such as handling patient records securely, ensuring proper disposal of sensitive information, and protecting against unauthorized access to electronic systems. By educating employees and promoting a culture of privacy and security awareness, the dental office can safeguard patient information and mitigate potential risks.
3. A Honda dealership faces threats related to financial transactions and the protection of valuable assets. Conducting comprehensive background checks and screening procedures for employees handling finances or accessing valuable assets is an important human safeguard. This process helps identify individuals with a history of fraudulent activities and reduces the risk of internal theft or misappropriation of funds. By ensuring that trustworthy individuals are hired for these critical roles, the dealership can minimize the potential for financial losses and protect the integrity of its operations.
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is a philosophical theory developed by two british philosophers, bentham and mill.
The philosophical theory developed by British philosophers Jeremy Bentham and John Stuart Mill is called Utilitarianism. Utilitarianism is an ethical theory that focuses on maximizing overall happiness or well-being for the greatest number of people. It is based on the principle of utility, which states that actions are morally right if they produce the greatest amount of happiness or pleasure and minimize suffering or pain.
Jeremy Bentham, an English philosopher, first articulated utilitarianism in the late 18th century. He believed that the value of an action should be determined by its consequences, specifically the amount of pleasure or pain it produces. Bentham proposed the principle of the "greatest happiness principle," which suggests that actions should be judged based on their ability to maximize happiness and minimize suffering for the majority of people affected by them.
John Stuart Mill, another British philosopher and a follower of Bentham, expanded on utilitarianism in the 19th century. Mill introduced qualitative distinctions in pleasure, arguing that not all pleasures are equal and that higher intellectual and moral pleasures should be given more weight than lower bodily pleasures. He also emphasized the importance of individual rights and liberties within the framework of utilitarianism.
Utilitarianism has had a significant impact on ethics, social and political philosophy, and various fields of study. It continues to be a topic of debate and influence in contemporary moral and philosophical discussions.
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China is an example of which type of government?
confederation
oligarchy
democracy
parliamentary
Dramatic experiences that can trigger flashbulb memories are most likely to remain bright and clear in our conscious memories because they
The correct answer is: Initiate a memory trace in the cerebrum.
What is a Dramatic Experience?This is a type of communication between two entities. It can be a communication between different parties or body parts.
In this case where dramatic experience triggers memories that likely remain conscious, memories initiate a trace in the cerebrum.
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the silk road was named retractively in the 19th century what does retroactive mean
Answer:
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Explanation:
(especially of legislation) taking effect from a date in the past.
Supply and Demand
In the Chapter 4 Exercises section, complete the matching and multiple-choice questions.
Supply and Demand
Read this assignment. Then read Chapter 4 in your textbook.
What Are the Laws of Supply and Demand?
Demand is the amount of a good or service that buyers are willing and able to purchase at any price. Price and demand have an inverse relationship, meaning that as price goes up, the amount demanded of the product goes down. This relationship is known as the law of demand.
Why does demand change in the opposite direction of price change?
At a lower price, people can afford to buy more of an item than they can at a higher price.
At lower prices, people tend to buy things as a substitute for something else.
When thinking about demand, make sure to consider opportunity cost. A lower price means a lower opportunity cost. A person is giving up less by deciding to use limited resources on a cheap product; therefore, more people demand that product.
Another reason for the inverse relationship between price and quantity demanded is a concept known as the law of diminishing marginal utility. Utility is an economic term for the enjoyment or usefulness a person gets out of making a decision or consuming a product. As you consume more and more of a specific good, your enjoyment of that good tends to decrease with each additional good consumed. For example, a person may greatly enjoy the first slice of pizza he or she eats, still enjoy the second slice (if to a lesser degree), and as he or she begins filling up on pizza, enjoy the third slice least of the three. Because of this diminishing enjoyment, prices need to be lower before the second or third or fourth items are bought and consumed.
The rate with which quantity demands changes in reaction to a price change will vary, depending on the elasticity of demand of that product or service. Goods that are elastic will experience a large reaction to a change in price.
Supply is the amount of a good or service that’s offered up for sale at all prices. The law of supply states that more of an item will be offered for sale at a higher price than at a lower price. When you think about this law, it makes sense. Sellers want to maximize their profits, and if the price of a good increases, it's a good idea to offer more of that product for sale. An industry with higher prices may attract more businesses to join it.
Just like demand, supply may be elastic or inelastic. Elastic means a big reaction to a change in price, so inelastic means a small reaction to a change in price. An elastic supply means that the business or industry is in a position to quickly increase production in reaction to a price increase. An inelastic supply is one for which it's difficult to increase production, even with a large increase in price.
How Do Changes in Supply and Demand Affect Price?
Infographics show Nonprice factors affecting demand and Nonprice factors affecting supply.Nonprice Factors that Affect Supply and Demand
Up until now, we've looked at reaction to price change. This section deals with how the amount supplied and demanded might change regardless of price.
Be sure to read pages 57–59 of your textbook for an in-depth explanation of the non-price factors affecting supply and demand. With all other factors held constant, an increase in demand or a decrease in supply will result in a price increase. A decrease in demand or an increase in supply will result in a price decrease.
Why Are Prices Important in a Market Economy?
In a market economy, prices act as signals to buyers and sellers, encourage efficient production, and determine who will receive the items produced. Prices constantly fluctuate with changes in supply and demand and act as an indicator of what an economy feels the value of any given good or service should be. Read about the role of prices on pages 59–60 of your textbook.
In summary, the laws of supply and demand explain the relationship between price and demand.
How is this so?Demand changes inversely to price, as lower prices increase affordability and lower opportunity cost, leading to increased demand.
The law of diminishing marginal utility also plays a role, where the enjoyment or usefulness of a product decreases with each additional unit consumed.
Supply, on the other hand, increases with higher prices, as sellers seek to maximize profits. Elasticity of demand and supply determines the reaction to price changes.
Prices in a market economy serve as signals, promoting efficient production and allocating goods based on value.
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If you only pay the minimum payment of credit card, how can that create financial problems for you?