At a sales meeting, erasmus suggests that if prices are increased in may, sales will remain unchanged. he justifies this by referring to the law of demand, which states consumers are too busy to notice any price changes. what does the law of demand actually state?

Hi, thank you for posting your question here at .

The statement made by Erasmus is wrong. The law of demand states that when the price increases, the demand decreases, and vice versa. In other words, price and demand are inversely proportional. This applies when all other factors are constant.

Photography has changed its subject matter quite a lot over the past few years. in the 1800's, it was considered normal for families to have  post mortem photos of their loved ones, and now that would be completely unacceptable. i think that photographers have always pushed boundaries and have been eager to capture everything, it is just society that changes their boundaries.

A: returning the ball before it bounces on the court