Define “demand.”
Please provide the best answer for the statement.
Demand is a schedule which shows the various amounts of a product buyers are willing and able to purchase at each price in a series of possible prices during a specified period of time. Demand portrays alternative price/quantity possibilities which can be set down in a table. The key point to be recognized is that demand is more than a statement of quantity purchased at a certain price; it is a schedule of quantities which will be demanded at various prices, other things being equal, for a specified period of time.
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An increase in the interest rate will cause planned investment ______
Fill in the blank(s) with the appropriate word(s).
Consider a tax cut which affects not only consumer disposable income, but also after-tax earnings from labor supplied to labor markets and from financial assets acquired through saving. In the long run we would expect this tax cut to
A) increase both the price level and the level of real GDP. B) decrease both the price level and increase real GDP. C) increase the price level. D) increase the level of real GDP.
If a corporation acquires more debt to make itself a less attractive target for hostile takeover,
a. the value of the stock rises b. the proceeds are used to pay stockholders a one-time dividend c. this strategy will fail since it won't be able to raise funds d. it will use these funds to purchase new equipment e. the corporation will become a more attractive target
Undesired inventory depletion results in demand-pull inflation.
Answer the following statement true (T) or false (F)