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7. which statements describe demand? desire for a good or service gover…

Question

  1. which statements describe demand?

desire for a good or service
government - set limits
amount a producer makes
willingness and ability to buy at certain prices

Explanation:

Brief Explanations

Demand in economics is the desire for a good or service combined with the willingness and ability to pay for it at various prices. Government - set limits are related to regulations, not demand. The amount a producer makes is supply - related.

Answer:

Desire for a good or service, Willingness and ability to buy at certain prices