Steve sells lemonade at the corner of a busy street. He charges $1.50 for a cup and easily sells 200 cups a day. However, one afternoon another lemonade stand appears across the street, advertising lemonade for $1.00 a cup. Steve starts losing customers. In order to encourage customers to return, he changes the price of his lemonade to $.95. What law of supply and demand applies to Steve’s business? a. Price increased because supply decreased b. Price decreased because demand decreased c. Price increased because demand decreased d. Price decreased because supply inscreased

Read the information in the table and answer the question that follows. beliefs of two key leaders in the protestant reformation martin luther john calvin doing good works does not guarantee salvation. he disagreed with the catholic church regarding purgatory and other traditions. he believed god's love is a gift and not a prize to be won from human effort. doing good works does not guarantee salvation. he believed only god knows who will receive salvation. faith is the result of god's forgiveness of sins. based on the information in the table, which statement would most likely be a belief shared by both martin luther and john calvin? a. doing good deeds is not a means to salvation. b. praying will bring a person salvation. c. confessing your sins to a priest will bring penance. d. god has predestined those people who will be saved.