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    Question

    Demand is an economic principle referring to a

    consumer's desire to purchase goods and services:
    A at each possible price Correct Answer Incorrect Answer
    B in each market situation Correct Answer Incorrect Answer
    C in desired quantities Correct Answer Incorrect Answer
    D after assurance of quality Correct Answer Incorrect Answer

    Solution

    Demand is an economic concept that relates to a consumer's desire to purchase goods and services and willingness to pay a specific price for them. An increase in the price of a good or service tends to decrease the quantity demanded.

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