Examlex
In an average quarter hour,the total listening audience in Hattiesburg,Mississippi,is 44,800.If the radio station WFOR has an average quarter hour listenership of 8,400,what is WFOR's average quarter hour rating?
Demand
The desire for a particular good or service coupled with the ability and willingness to pay for it.
Substitutes
Goods or services that can be used in place of each other where the presence of one reduces the demand for the other.
Supply
The total amount of a product or service that is available to consumers in the market at current prices.
Quantity
Quantity refers to the amount or number of a material or immaterial good or service, often considered in terms of units or pieces.
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