The nature of demand indicates that as the price of a good increases: suppliers wish to sell less of it. more of it is produced. more of it is desired. buyers desire to purchase less of it.
The nature of demand indicates that as the price of a good increases: suppliers wish to sell less of it. more of it is produced. more of it is desired. buyers desire to purchase less of it.
Chapter3: Market Demand And Supply
Section: Chapter Questions
Problem 19SQ
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The nature of
suppliers wish to sell less of it. |
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more of it is produced. |
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more of it is desired. |
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buyers desire to purchase less of it.
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