The correct option is A the sum of all individual demands #10; #10;Demand is the quantity of a good or service #10;that consumers and businesses are will ...

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Money Market

Market demand...

Question

Market demand is ______.

the sum of all individual demands

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demand at prevailing average prices

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ability to pay the price asked

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demand in a perfectly free market

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Solution

The correct option is A the sum of all individual demands

Demand is the quantity of a good or service that consumers and businesses are willing and able to buy at a given price in a given time period. Market demand is the sum of the individual demand for a product from buyers in the market.

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Market demand is ______.

The correct option is A the sum of all individual demands Demand is the quantity of a good or service that consumers and businesses are willing and able to buy at a given price in a given time period. Market demand is the sum of the individual demand for a product from buyers in the market.

The correct option is A the sum of all individual demands

Demand is the quantity of a good or service that consumers and businesses are willing and able to buy at a given price in a given time period. Market demand is the sum of the individual demand for a product from buyers in the market.