For there to be demand for a good,people must
A) want the good more than they want other goods.
B) know the prices of all other goods.
C) feel there are few substitutes for the good.
D) need the gooD.
E) be willing and able to buy the good at the market pricE.
Correct Answer:
Verified
Q41: Demand is defined as
A)the quantity people would
Q42: The demand curve shows the relationship between
A)the
Q44: Which situation below would represent a surplus
Q47: When the demand for a product decreases
Q49: When the supply of a good increases
Q52: When supply increases
A)demand decreases.
B)price increases because excess
Q54: Which statement is true?
A)The quantity demanded is
Q56: Which of the following is not true
Q57: If quantity demanded is greater than quantity
Q60: When a market operates so that there
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