Questions LLC
Login
or
Sign Up
Ask a New Question
Economics
Supply and Demand
Demand
With the concept of supply and demand, what term can be used to describe how much people desire a product or service? (1 point) Responses integrity integrity demand demand pivot pivot supply
1 answer
The term that can be used to describe how much people desire a product or service is demand.
You can
ask a new question
or
answer this question
.
Related Questions
Which term describes the choices that people must make to meet their wants and needs?
(1 point) Responses supply supply demand
When are equilibrium prices achieved?
A. when demand is greater than supply *** B. when sellers break even C. when supply equals
When are equilibrium prices achieved?
(1 point) Responses when demand is greater than supply when demand is greater than supply
Suppose the market for alcohol can be described by the following equations: Demand: P = 10 - Q, Supply : P = Q + 2, where P is
With the concept of supply and demand, what term can be used to describe how much people desire a product or service?
A.
With the concept of supply and demand, what term can be used to describe how much people desire a product or service?
(1 point)
With the concept of supply and demand, what term can be used to describe how much people desire a product or service?
(1 point)
When modeling market interactions, consumers _____ factors of production and ______ products.
A) supply; demand B) supply; supply
The demand and supply schedules for milk are as follows:
Price Quantity Demanded Quantity Supplied 10 0 125 8 20 95 6 40 65 4 60
in the simple economics of a competitive market price increases under which condition:
a) demand is constant. supply declines b)