Can someone help with these economics questions !! The concept of demand is best
ID: 1215569 • Letter: C
Question
Can someone help with these economics questions !! The concept of demand is best described as: the quantity of a good or service that people want to purchase at different possible prices. the quantity of a good or service that people will offer for sale at different possible prices. the total satisfaction that consuming a good provides people at O different prices. The basic proposition of the law of demand is that: O higher prices cause less demand. o as the price of a good increases, buyers want to yers demand lower prices. purchase less. In a market economy, there is a(n) the amount of that good buyers want to buy relationship between the price of a good and O O O indeterminate inverse or negative direct or positiveExplanation / Answer
Q1
first option is answer
the quantity of good or service the people want to purchase at different possible prices
because demand is related to purchases by consumer