Examlex
Which of the following elements is necessary for proper conduction of nervous impulses?
Demand
The amount of a product or service that customers can and are willing to buy at different price levels over a specified time.
Supply
The total amount of a product or service that is available for purchase at any given price.
Inelastic
Describes a situation where the demand or supply of a good or service is unaffected by changes in price.
Demand
Demand is the desire and ability of consumers to purchase goods or services at a given price within a specific time frame.
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