Economists emphasize the importance of ____ in analyzing demand.
A)quantity
B)market potential
C)wants and needs
D)price
E)sales opportunities

Question

Quizplus · Accepted Answer

Economists emphasize the importance of price in analyzing demand, as it is the primary factor that affects the quantity of a good or service that consumers are willing and able to purchase. While market potential, wants and needs, and sales opportunities are important considerations, they are secondary to price in understanding demand.

Economists Emphasize the Importance of ____ in Analyzing Demand