. Demand , in economics, is the willingness and ability of consumers to [...] of a good or service at a given price.
Answer
purchase a given amount
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it . 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.
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.