ʺDemand Determinedʺ Means That Price Is Set by Buyers' Demand

question 53

True/False

ʺDemand determinedʺ means that price is set by buyers' demand and a fixed supply.

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Definitions:

Psychoactive Effects

Changes in mood, perception, or behaviour induced by substances that affect the central nervous system.

Substance

Material or matter; in contexts like drug use, it refers to drugs or alcohol consumed by a person.

Synthesized Product

A product that is created by chemical synthesis, especially one that is artificially produced in a laboratory or industrial setting.

Abstain

To deliberately choose not to partake in a certain behavior or indulgence, often related to substances like alcohol or drugs.