Which of the Following Is True Regarding Demand

question 16

Multiple Choice

Which of the following is true regarding demand?
i.Demand is the relationship between quantity demanded and the price of a good when all other influences on buying plans remain the same.
ii.Demand refers to one quantity at one time.
iii."Demand" and "quantity demanded" are the same thing.

• A) i only
• B) ii only
• C) both i and ii
• D) iii only
• E) both ii and iii

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Definitions:

Rated

Evaluated or classified based on quality, importance, severity, or other characteristics.

Attractive

Having a pleasing appearance, being emotionally appealing, or possessing qualities that draw attention or interest.

Evaluated

Assessed or judged in terms of quality, importance, or effectiveness.

In a Relationship

This term describes the state of being involved in a romantic or committed partnership with someone else.