Which of the following situations is sufficient to represent current demand for a car?
A) You have plenty of money to buy it,but you can't decide if you want a motorcycle or a car.
B) You have enough money to buy it,and you are willing to spend the money on the car.
C) You've decided you want a car,and you can possibly borrow the money from a bank.
D) You want to buy a motorcycle and a car,and you'll have enough money for both in two years.
Correct Answer:
Verified
Q31: In order to demand a good,the buyer
Q32: Which of the following will not shift
Q33: Which of the following will not cause
Q34: Ceteris paribus,the quantity demanded of a good
Q35: Ceteris paribus,which of the following will cause
Q37: Ceteris paribus means:
A) Holding everything else constant.
B)
Q38: A change in demand means there has
Q39: Ceteris paribus,which of the following will cause
Q40: According to the law of demand,a change
Q41: Which of the following is a determinant
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents