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economics, the quantity of a good or service that consumers are willing…
economics
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Inelastic – When the percentage change in quantity demanded is less than the percentage change in price
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Demand – The willingness and ability to purchase a good or service at the given price in a given time period
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Movement along the curve – When the price changes, leading to a movement up or down the existing
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demand
market demand - The total demand for a good or service. It can be
found by adding the individual demands together.
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the quantity of a good or service that consumers are willing and able to buy at a given price in a given time period
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