Intro to Economics: Chapter 16, Lesson 3

Which factor does not affect demand

When the quantity demanded is greater than the supply

The struggle among sellers to attract buyers

When consumers have to change, they have to

Which is not a basic economic question?

The amount of a good or service that people are willing and able to buy

People or businesses that provide goods and services

People who buy goods and services

A place where buyers and sellers of the same product come together

Which one isnot  a way prices drive the market?

The point where supply and demand curves meet at one point

The amount of a good or service that producers are willing and able to sell

When the amount supplied by producers is greater than the amount demanded