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The quantity of a product or service that consumers are willing and able to buy at a particular price.
The quantity of a good that an average worker can produce in one hour.
standard of living
As a measure of how well people in a country live, this term indicates the quantity and quality of wants and needs that are satisfied.
The quality of a product or service that business are willing and able to provide at a particular price.
Things that are needed and provided by a community and are equally accessible to everyone.
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