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:

Public Schools

Educational institutions that are funded and operated by government agencies to provide free education to all children.

Mamie Clark

An African American psychologist who, along with her husband Kenneth Clark, conducted groundbreaking research on racial identity and its impact on child development.

Behaviorism

A theory of learning that emphasizes observable behaviors over internal processes and posits that behavior is shaped by environment and experiences.

Unconscious Mind

A part of the mind that is inaccessible to the conscious mind, influencing feelings, thoughts, and behaviors.