Examlex
Which one of the following is the best order for entering setup information -
Demand
The total quantity of goods or services that consumers are willing and able to purchase at a given price level in a market.
Supply
The total amount of a specific good or service that is available to consumers in a market at a given time and price.
Elastic
Describes a situation in which a change in price leads to a significant change in the quantity demanded or supplied of a good or service.
Supply
The total amount of a good or service that is available to consumers at a given price level and time.
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