Effective demand represents desires by individuals backed up by:
A) Their ability to pay for them
B) The availability of a product or service in the market
C) Ethnical consumption
D) All of the above
E) None of the above
Correct Answer:
Verified
Q25: Institutions such as the World Bank and
Q26: Much of what we take for granted
Q27: There is nothing _ about the way
Q28: Economics is usually defined as the study
Q29: Demand for a product or service can
Q31: Demand is never fixed and may depend
Q32: A process of _ must be in
Q33: Firms represent organizing units that coordinate the
Q34: Firms often seek to:
A) Make as much
Q35: Which of the following represents an ownership
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