Author Question: In economics, demand refers to A) the intensity of desire for a good. B) the amount of a good ... (Read 62 times)

Jkov05 · **on:** Jun 29, 2018

In economics, demand refers to

A) the intensity of desire for a good.
B) the amount of a good people need rather than the amount they want.
C) the satisfaction a good will provide a person.
D) how much of a good people will buy at any price during a given time period.

Question 2

In economics, the term physical capital

A) refers to funds used by businesses to acquire goods and services.
B) refers to all manufactured resources used for production.
C) refers to the process of raising funds through the stock market.
D) defines the stock of merchandise already produced.