The concept of demand as used in economic theory expresses the relationship between the quantity of a good people will want to purchase and
A) the price of complementary goods.
B) the price of that good.
C) the supply of substitute goods.
D) the supply of that good.
E) their welfare overall.
B
Economics
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Which of the following would not be included as part of personal income?
a. Welfare benefits b. Food stamps distributed by the government c. Social security benefits d. Indirect business taxes e. Corporate dividend payments to stockholders
Economics
Demand-pull inflation occurs when the factor contributing most to rising prices is decreased demand for goods and services
Indicate whether the statement is true or false
Economics