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AP Macroeconomics
Unit 1 – Basic Economic Concepts
Topic 1.4
What is the definition of demand?
The price that consumers are willing to pay for a particular product or service
The quantity of a product or service that consumers are willing and able to supply to the market
The different quantities of goods and services that consumers are willing and able to purchase at various price levels
The total amount of a product or service available for purchase in the market
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AP Macroeconomics - 1.4 Demand
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Demand
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About Us
About Fiveable
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Terms of Use
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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