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What refers to the need, want or desire for a product backed by the money to purchase it ?
Related MCQs
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the__________?
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What is the type of annuity where the payments are made at the end of each period starting from the first period ?
What refers to the present worth of all the amount the bondholder will receive through his possession of the bond ?
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period ?
What is the type of annuity where the first payment does not begin until some later date in the cash flow ?
What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?
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What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?
What refers to the need, want or desire for a product backed by the money to purchase it ?
A. Supply
B. Demand
C. Product
D. Good
Correct Answer:
Demand
✔
Last Updated:
January 21, 2019