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Jorge Drinks Two Liters of Soda Each Day

question 20

Multiple Choice

Jorge drinks two liters of soda each day. He is aware of the negative impacts of sugary drinks on his health and the potential for the empty bottles to add to pollution. His demand state is best characterized as ________ demand.


Definitions:

Negotiated

Negotiated refers to having discussed and agreed upon terms or conditions through a process of bargaining or dialogue between parties.

Holder

The person in possession of a negotiable instrument.

Cheques

Written orders directing a bank to pay a specified sum of money from the writer's account to the person or entity named on the cheque.

Bills Of Exchange

Documents that signify a written order directing one party to pay a determined sum to another by a specific date.

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