Question

11 multiple choice 9 points the quantity (amount) of goods that are available for people to buy. supply demand 12 multiple choice 5 points demand has two parts. first, a person has to want something. the other part is that person has to be able to _______. be healthy enough to buy the item be old enough to buy the item have enough money to buy the item have enough people to share the item with 13 true or false 9 points if the government tells people they cannot rent their homes out to people anymore, this is considered a price ceiling. true false

Explanation:

Question 11

In economics, "Supply" refers to the quantity of goods or services available for purchase, while "Demand" is the desire and ability to buy. The definition here matches "Supply".

Demand requires both a desire (want) and the ability to pay (afford). Having enough money to buy the item is the ability to pay, while the other options (health, age, sharing) are not core to the economic definition of demand's "ability" component.

A price ceiling is a maximum price set by the government. Prohibiting renting homes is a quantity restriction (like a ban), not a price - related control. So the statement is false.

Answer:

A. Supply

Question 12