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All of the following must exist for there to be demand EXCEPT? a. a necessity to buy a product. c. an ability to buy a product. b. producers to sell a product. d. a willingness to buy a product.
All of the following must exist for there to be demand EXCEPT? a. a necessity to buy a product.
Expert answered|jeo007|Points 201|
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Asked 210 days ago|9/18/2013 12:30:03 AM
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Updated 209 days ago|9/18/2013 7:14:31 PM
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When a customer's need for a product is not urgent, demand tends to be: b. ELASTIC.

Added 209 days ago|9/18/2013 7:14:31 PM
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Updated 209 days ago|9/19/2013 12:43:14 AM
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A fixed cost for a store is : b. rent
Fixed costs are those that do not change with the level of sales. Common examples of fixed costs include rents, depreciation and salaries of permanent employees.
Added 209 days ago|9/19/2013 12:43:15 AM
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Which of the following will shift the supply curve to the right? a. reduction in the number of sellers c. an increase in technology b. an increase in the price of the product d. a decrease in the number of customers for the product
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