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As a result of consumer choices, what gets purchased for consumption is determined mainly by:
lowers
consumption
production
supply
price
consumer preferences and prices
incentives
demand
What is the term for the act of using goods and services?
lowers
consumption
production
supply
price
consumer preferences and prices
incentives
demand
What is the term for the amount of a good or service that sellers are willing to sell?
lowers
consumption
production
supply
price
consumer preferences and prices
incentives
demand
What is the term for the amount of money exchanged for a good or service?
lowers
consumption
production
supply
price
consumer preferences and prices
incentives
demand
What is the term for the act of combining resources to make goods and services?
lowers
consumption
production
supply
price
consumer preferences and prices
incentives
demand
What is the term for the amount of a good or service that buyers are willing to buy?
lowers
consumption
production
supply
price
consumer preferences and prices
incentives
demand
A goal of businesses is to make production more efficient, which _____ costs.
lowers
consumption
production
supply
price
consumer preferences and prices
incentives
demand
____ are things that change economic behavior and choices.
lowers
consumption
production
supply
price
consumer preferences and prices
incentives
demand
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