Examlex
Which of the following is an example of an external search a consumer may conduct?
Market Prices
The amount of money required to purchase a good or service in a market.
Quantities Demanded
The total amount of a good or service that consumers are willing and able to purchase at a particular price in a given market.
Substitute Products
Products that can serve as replacements for each other; when the price of one increases, the demand for the substitute is likely to increase.
Price
The charge in currency projected, demanded, or provided in recompense for something.
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