menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics
  4. Exam
    Exam 2: Making Smart Choices: the Law of Demand
  5. Question
    Products and Services That Are Plentiful and Essential Will Typically
Solved

Products and Services That Are Plentiful and Essential Will Typically

Question 34

Question 34

Multiple Choice

Products and services that are plentiful and essential will typically have


A) few alternatives.
B) a low total benefit.
C) a high price.
D) a low marginal benefit.
E) a high marginal benefit.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q29: By raising the price of water, the

Q30: Your demand for tickets to the Lady

Q31: The number of movie-goers has decreased. One

Q32: Demand is a much more limited term

Q33: Substitutes must<br>A) have the same price.<br>B) satisfy

Q35: Total growth (in height) is best described

Q36: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1013/.jpg" alt=" Figure 2.3.1.

Q37: What you can afford is limited by<br>A)

Q38: Quantity demanded is a much more limited

Q39: Marginal benefits change with circumstances.

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines