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When You See Something

question 177

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When you see something,


Definitions:

Demand

The willingness and ability of consumers to purchase goods and services at various price points, at a given time.

Prices

Prices are the amounts of money expected, required, or given in payment for something.

Good

In economics, it refers to a material item that satisfies some human desire or need. Goods can be tangible, like a book, or intangible, like a service.

Computer Software

Programs and operational information that run on computers, directing the computer's hardware to perform specific tasks.

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