Economists Use the Term "Demand" As

question 166

Multiple Choice

Economists use the term "demand" as:

• A)a particular price-quantity combination on a stable demand curve.
• B)the total amount spent on a particular commodity over a stipulated time period.
• C)an upsloping line on a graph which relates consumer purchases and product price.
• D)a schedule of various combinations of market prices and amounts demanded.

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Definitions:

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