Demand refers to the quantities of a good or service that producers will provide on a particular date at various prices
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Demand refers to buyers' willingness and ability to purchase products at various price points.
Business
You might also like to view...
Which of the following is true concerning federal fair housing laws?
A. Enforcement may be brought about by filing a complaint with the Dept. of Housing and Urban Development B. Parts of these laws were overturned by the Supreme Court in the case of Jones v. Alfred H. Mayer Co. C. They only apply to racial discrimination D. They prevent state-level antidiscrimination laws
Business
Under the CISG, a sales contract of ________ is enforceable if it is oral
A) no amount B) less than $5,000 C) less than $500 D) any amount
Business