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Card 1 of 23

What two requirements turn desire for a product into demand?

A

Both need and availability to buy.

B

Both awareness and knowledge of price.

C

Both willingness and ability to pay.

D

Both utility and low production costs.

Card 1 of 23

1.3.1 The determinants of the demand for goods and services Flashcards

  1. A Level
  2. /Economics
  3. /1.3.1 The determinants of the demand for goods and services

23 flashcards on AQA A Level Economics 1.3.1 The determinants of the demand for goods and services: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards