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Darya [45]
4 years ago
14

In economics, the demand for a good refers to the amount of the good that people:

Business
1 answer:
yuradex [85]4 years ago
8 0

Answer:

b. will buy at various prices.

Explanation:

In economics, demand refers to the quantity of a product that buyers are willing and able to buy at a specific price or different prices. For demand to exist, buyers must not only be willing to purchase but must have the financial resources to buy.

Several factors, such as price, customer preferences, and market news, may influence the demand for a product. As per the law of demand, an indirect relationship exists between price and quantity demanded. An increase in price leads to a decline in demand.  Changes in prices and preferences or related goods also affect the demand for a product.

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What is not a potential risk of purchasing a used car?a) used cars can require repairs soonerb) warranties can be very limitedc)
Oksi-84 [34.3K]

used cars can require repairs sooner warranties can be very limited used cars can have lower initial cost unexpected issues may arise

hope this helps <3

4 0
3 years ago
How does the dynamic model of aggregate supply and aggregate demand explain​ inflation? A. by showing that if total spending in
boyakko [2]

Answer:

The correct answer is option A.

Explanation:

The dynamic model of aggregate supply and aggregate demand shows that if an economy the total spending in the economy increases faster than total production, there will be a shortage. This shortage will cause the price level to increase and will ultimately lead to inflation.  

When the increase in aggregate demand is greater than the increase in aggregate supply, it will create a shortage in the economy. The demand for goods and services will be more than the supply of goods and services. This will cause the price level to increase.

4 0
3 years ago
What encourages people to buy shares in the ownership of a private limited company? (please if you can, give an explanation)
sertanlavr [38]
I think the main reason people buy shares of companies is to make money.
Explain:
their idea is to buy low value of things and sell high. for example, if i buy 100 shares of a company stock valued at 25$ each i will have made a total of 2,500$. if in the next few months the shares increase to $50, I can sell them for more, Like $5,000, This is doubling your investment.
Hope that helped
6 0
3 years ago
umulative trauma disorders are a common type of musculoskeletal disorders (MSDs). Select the statement which is accurate about c
Bad White [126]
The answer is B or A but i would go with A.hope its right
8 0
3 years ago
Which of the following give the bowed-outward shape to the PPF?Choose one or more:
charle [14.2K]

Answer:

B.the law of increasing opportunity cost

Explanation:

PPF is graphical representation of product combinations that an economy can produce, given resources & technology

It is downward sloping because - given same resources & technology, one good 's production can be increased by decreasing production of other good.

Resources are assumed to be unequally efficient in production of resources.  Shifting production from one good to other occurs with increasing Marginal Opportunity Cost (amount of good sacrifised to gain an additional unit of the other good.

This makes slope of PPC i,e MOC to rise & makes it concave i.e outward bending

6 0
3 years ago
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