In Economics, the Demand for a Good Refers to the Amount

question 366

Multiple Choice

In economics, the demand for a good refers to the amount of the good people

• A) would like to have if the good were free.
• B) are willing to buy at various prices.
• C) need to achieve a minimum standard of living.
• D) will buy at alternative income levels.

---

Definitions:

Text Files

Files containing plain text without formatting, typically stored with a .txt extension and readable by simple text-editing programs.

Notepad

A simple text editor included with Microsoft Windows that allows for basic text editing and file creation.

Plain Text

A file format that contains only basic text characters without any formatting, such as font sizes or styles.

Extension

Refers to a software add-on that provides additional features or functionalities to an existing application or program.