Your preferences measure
A) the availability of alternatives.
B) how badly you want something.
C) the availability of substitutes.
D) how limited your time is.
E) the price of a product.
Correct Answer:
Verified
Q7: Substitutes must
A) have the same price.
B) satisfy
Q8: Substitutes can be different products or services
Q9: Substitutes need to be exactly the same
Q10: What you can afford is limited by
A)
Q11: Your demand for tickets to the Lady
Q13: Your preferences are determined only by your
Q14: Sam will drink anything that is cold,
Q15: Economists describe all of your wants -
Q16: For economists, the terms wants and demands
Q17: To get tickets to see the Spice
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