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For demand to exist you have to want a good. You have to be able to afford the good. And you have to have a definite plan to buy the good.
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What three things must exist in order to have demand for a good or service?
desire, ability, and willingness to buy something
Method for measurement of Elasticity of Demand?
there are three methods of measuring elasticity of demand
Describe three determinants of demand elasticity?
These three determinants are listed here: nature of commodity -the more perishable a good,lower will its elasticity of demand,middle income groups have highly elastic demand ,goods having alternative uses have elastic demand,for eg.milk
What are three ranges for price elasticity of demand?
come on
How can a company have a downward demand curve but still have marginal revenue equal price?
If the Demand Curve is separate from the MR=P curve, the company can not be of Perfect Competition. It can exist in any other market structure: Monopolistic Competition, Monopoly, or Imperfect Competition. In each of these three structures, the Demand Curve will always fall twice as fast as the MP=P=AR Curve. To answer your question in these terms, the company can have a downward sloping Demand Curve separate from the MR=P curve if it is not in the PC Market Structure.
What type of matter can exist in all three states?
Any chemical has that capacity, if you create the necessary conditions of temperature and pressure. All elements and all compounds can exist as solids, liquids, or gases.
List three conditions that must exist for the continuous fusion of hydrogen to occur?
zxzcz
What are the three types of asexual reproduction organism?
the terrain, soil, living conditions must exist.
What three things must exist in order to have demand for a good or service?
desire, ability, and willingness to buy something
Can all matter exist in three states?
Yes, any element or compound can exist in all three states of matter. Though, some compounds or elements need special conditions in order to be one state of matter.
What are the three types of demand behavior?
what are the three types o demand behavior
What are the three conditions necessary for causation between variables?
The three conditions necessary for causation between variables are covariance (relationship between variables), temporal precedence (the cause must precede the effect in time), and elimination of plausible alternative explanations (other possible causes are ruled out).
Three major reasons why earth continue to exist?
The three major reasons why Earth continues to exist: 1. There is a constant supply of energy. 2. Matter cycling provies us the nutrients necessary to live. 3.Gravity keep these nutrients within our reach.
What are three influences on demand?
Three of the several influences on demand are price, advertising, and current trends.
What are the kind of demand?
There are three kinds of demand. 1. price demand 2. Income demand 3. cross demand.
List the three conditions that are necessary and sufficient for natural selection to act on a?
A beneficial mutation leading to variability in a population and the heritability of those beneficial traits.
What three conditions are necessary to turn check to checkmate?
In chess, in order for a check to be a checkmate, there are three specific conditions: 1) The king must not be able to move out of check. 2) The attacking piece must not be capture-able. 3) No pieces must be able to block the check.
