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Tags
#cfa #cfa-level-1 #economics #microeconomics #reading-13-demand-and-supply-analysis-introduction #study-session-4
Question
[...] , in economics, is the willingness and ability of consumers to purchase a given amount of a good or service at a given price.
Answer
. Demand

Tags
#cfa #cfa-level-1 #economics #microeconomics #reading-13-demand-and-supply-analysis-introduction #study-session-4
Question
[...] , in economics, is the willingness and ability of consumers to purchase a given amount of a good or service at a given price.
Answer
?

Tags
#cfa #cfa-level-1 #economics #microeconomics #reading-13-demand-and-supply-analysis-introduction #study-session-4
Question
[...] , in economics, is the willingness and ability of consumers to purchase a given amount of a good or service at a given price.
Answer
. Demand
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. Demand , in economics, is the willingness and ability of consumers to purchase a given amount of a good or service at a given price.

Original toplevel document

3. BASIC PRINCIPLES AND CONCEPTS
In this reading, we will explore a model of household behavior that yields the consumer demand curve. Demand , in economics, is the willingness and ability of consumers to purchase a given amount of a good or service at a given price. Supply is the willingness of sellers to offer a given quantity of a good or service for a given price. Later, study on the theory of the firm will yield the supply curve.

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