In economics, the demand for a good refers to the amount of the good that people:
A. would like to have if the good were free.
B. will buy at various prices.
C. need to achieve a minimum standard of living.
D. will buy at alternative income levels.
Answer:B
In economics, the demand for a good refers to the amount of the good that people:
A. would like to have if the good were free. B. will buy at various prices. C. need to achieve a minimum standard of living. D. will buy at alternative income levels.
Explanation: Type: Multiple Choice Difficulty: Easy Category: Understand