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The willingness and/or ability to pay for a good, service or commodity.
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Define the term equilibrium Explain the changes in market equilibrium and effects to shifts in supply and demand?
madarchode machudda
What is the difference between contraction in demand and decrease in demand?
A contraction in demand is caused by an increase in Price and illustrated by a movement up the demand curve. A decrease in demand is caused by any non-price factor (e.g. advertising, tastes and preferences and price of substitute goods) and is illustrated by an inward shift in the demand curve.
What does the term demand refer to in economics?
The term demand in economics refers to the total amount of demand at all possible prices. Demand's definition is how much the consumers want a product.
What is word for the result of having too little of a product to meet the demand for it?
Scarcity is the result of having too little of a product to meet the demand for it.
What is the difference between a term security and a demand security?
distinguish between a term security and a demand security
Define the term overload?
a greater than normal physical demand on muscles
Why do you need to define terms in research?
we need to define term so that we should have the clearity of that particular answer. defining a term reflects that you have enough knowledge for that work. it also elaborate your answer.
Define the term equilibrium Explain the changes in market equilibrium and effects to shifts in supply and demand?
madarchode machudda
What is the Difference between decrease in demand and contraction in demand?
if demand falls due to change in price of commodity its terms in Economics as contraction in demand, and if demand falls due to other reasons its term decrease in demand...
Give an example to illustrate why common definition of terms is so important to effective communication Define a word or term used uniquely in your profession?
why common definition of terms is so important to effective communication. Define a word or term used uniquely in your profession.
What is Literary term?
A literary term is what you can use to define the makeup of a story. Sample literary terms include characterization, plot, genre, foreshadowing, and more.
Why are the 3 undefined terms in geometry are undefined?
I am prepared to define any term in geometry. If there is some term for which you would like to have a definition, just ask.
Define the term cod and bod?
"COD" is Chemical Oxygen Demand," and BOD is Biochemical Oxygen Demand." These are the two processes that cause oxidation of an object in either a natural waterway or in industrial wastewater..
How would you define the term electromegnetism?
define the term "electromegnetism".
What does the economical term 'fair value' refer to?
The economical term 'fair value' refers to the financial world. This term means the exact value before inflation is a part of the equation. It is the exact value.
What beginning with 'r' is the term for economical downturn?
Reccession
What term explains being an American Indian?
There is no single term to define what being a Native American is, nor could a set of terms define this. Being Native American is more about a spiritual understanding inside a set of complex rules that would (and does) take a lifetime to understand.
