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5 Cards in this Set

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  • Back
quantity of a product or service that consumers are willing and able to buy at a particular price
demand
it refers to the quantity of a good that an average worker can produce in an hour
Labor(work or productivity)
something needed by a community and provided by its government
public good
it refers to the way you live as measured by the kinds of quality of goods and services you can afford.( much $ u make)
standard of living
the quantity of a product or service that businesses are willing and able to provide ar a particular price
supply