For economists, refers to the amount of...

For economists, ______ refers to the amount of a product or service that people are both willing and able to buy.

income

price

demand

supply

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In this section each item consists of six sentences of a passage. find out the proper sequence of the four sentences and mark your response accordingly on Answer Sheet. S1: People in society need many goods and services in their everyday life including food, clothing, shelter, transport, etc. S6 : The teacher in the local sehool has the skills required to impart education to the students. P: A weaver may have some yarn, some cotton and other instruments required for weaving cloth. Q: A family farm may own a plot of land, some grains, farming implements, maybe a pair of bullocks and also the labour services of the family members. R: Every individual has some amount of the goods and services that one would like to use. S: In fact, the list of goods and services that any individual needs is so large that no individual in society, to begin with, has all the things one needs. The correct sequence should be

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