Examlex
Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Most people invest their retirement funds too [aggressively | conservatively].
Product
An item offered for sale which can be a good, a service, or an idea.
Supply
The total quantity of a good or service that is available for purchase at various price levels in a given market.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a specific price level, at a given point in time.
Equilibrium Price
is the price at which the quantity demanded of a good equals the quantity supplied, leading to market balance.
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