What Is the Term for the Quantities Which Consumers Are

question 140

Multiple Choice

What is the term for the quantities which consumers are willing and able to buy per period of time at various prices?

• A)Desire.
• B)Supply.
• C)Demand.
• D)Market.
• E)Human wants.

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Definitions:

Female Students

Students who identify as female within an educational institution or academic study.

Daily Demand

The total requirement or desire for a product or service on a daily basis.

Computers

Electronic devices designed to accept data, perform prescribed mathematical and logical operations at high speed, and display the results.

Expected Value

The sum of all possible values each multiplied by its probability of occurrence.