Author Question: ____________________ is the amount of a good or service that consumers are willing and able to ... (Read 78 times)

cdr_15

  • Hero Member
  • *****
  • Posts: 546
___________________ _ is the amount of a good or service that consumers are willing and able to purchase at a certain price.
 Fill in the blank(s) with correct word

Question 2

When a country can produce a good or service at a lower cost than other countries, it has a(n) ___________________ _ advantage.
 Fill in the blank(s) with correct word



kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

Demand

Answer to Question 2

absolute



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

For a complete list of videos, visit our video library