Social Studies, 01.02.2020 10:42, Krystallyah
When the price of a capital good increases, what happens to the prices of related consumer goods and services? why?
a)prices increase due to the decrease in the supply of the capital good
b)prices stay steady -- producers adjust by switching to another good
c)prices increase due to the increase in production costs
d)prices decrease because consumers decrease their purchases
Answers: 2
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In what ways did the compromise of 1850 and the kansas-nebraska act of 1854 differ from the missouri compromise? both compromises used the established 36°30′ parallel to determine if territories would become free or slave states. both compromises used the mason-dixon line to determine if the territories would become free or slave states. both compromises let territories use popular sovereignty to determine if they would become free or slave states. both compromises only granted congress the power to determine if territories would become free or slave states.
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When the price of a capital good increases, what happens to the prices of related consumer goods and...
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