This topic contains a solution. Click here to go to the answer

Author Question: The sum of the individual demands of all consumers in the market is called a. individual demand b. ... (Read 41 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
The sum of the individual demands of all consumers in the market is called
 a. individual demand
  b. market demand
  c. inferior good
  d. market supply
  e. quantity demanded

Question 2

The explanation for the law of demand begins with
 a. a small number of wants satisfied by scarce resources
  b. finite wants satisfied by infinite resources
  c. unlimited wants confronting scarce resources
  d. unlimited wants matching up with unlimited resources
  e. prices acting as signals to existing and potential suppliers



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

owenfalvey

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

B

Answer to Question 2

C




ec501234

  • Member
  • Posts: 573
Reply 2 on: Jul 1, 2018
Wow, this really help


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library