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The amount of goods and services that consumers are willing to buy at various prices?
Wiki User
∙ 12y ago
the cost
Wiki User
∙ 12y ago
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What is the amount of a good or service that consumers are willing to buy at a certain price?
supply
Is demand defined as the amount of a good or service that consumers are willing and able to buy at a price?
yes
What best explains the law of demand?
As the price of a good decreases, the amount that consumers are willing to purchase increases.
Which statements best explains the law of demand?
As the price of a good decreases, the amount that consumers are willing to purchase increases.
What is the amount of a good or service a consumer is willing and able to buy at various prices during a given time period?
demand
What is demanded?
It is an amount consumers are willing and able to purchase at a given price.
What is the amount of good and services available to consumers?
supply
What is the amount of a good or service that consumers are willing to buy at a certain price?
supply
Is demand defined as the amount of a good or service that consumers are willing and able to buy at a price?
yes
What best explains the law of demand?
As the price of a good decreases, the amount that consumers are willing to purchase increases.
Which statements best explains the law of demand?
As the price of a good decreases, the amount that consumers are willing to purchase increases.
What is an aggregate expenditure schedule?
It's the amount consumers are willing to pay, fluctuating with matters such as interest rates and consumer confidence
In a country where the amount of goods and services is regulated by the government instead of by consumers what kind of economy is created?
This is called a command economy.
What is the meaning of taxes?
High Taxes are taxes in large amount. These taxes can be of various services.
When output is less than the efficient level?
When output is less than the efficient level, the amount consumers are willing to pay equals the cost of production. the cost of production is greater than the price consumers are willing to pay. the marginal cost of producing the good must be greater than the marginal benefit from the good.
What is the amount of a good or service a consumer is willing and able to buy at various prices during a given time period?
demand
Is the amount of a good or service a consumer is willing and able to buy at various prices during a given time period?
Demand
