Examlex
When asked why he had battered his five-year-old son,Michael said,"He defied me." What is this answer an example of?
Complements
Products that are usually consumed jointly (for example, bread and butter, hot dogs and hot dog buns). A decrease in the price of one will cause an increase in demand for the other.
Consumption
The use of goods and services by households or individuals, typically relating to how these actions affect economic demand.
Market Demand
The total amount of a product or service that all consumers in a market are willing and able to purchase at various prices.
Individual Demands
The demand for goods and services by an individual consumer, based on their preferences, income, and prices.
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