CLEAN : Philippines welcomes 100 millionth baby

The video tutorial introduces the concept of 'Bush' and explores the idea of 'demand' in an economic context. It provides a foundational understanding of these terms and their relevance.

What is the primary focus of the 'Bush' concept in this context?

• A historical event

• A geographical location

• A type of plant

• A metaphorical concept

How does the concept of 'demand' relate to economic principles?

• It is unrelated to economics

• It determines the supply of goods

• It influences market prices

• It is a fixed value in the market

Which of the following best describes 'demand'?

• The profit margin of a company

• The need for a product or service

• The supply of a product

• The cost of production

What factor is most likely to affect demand?

• The brand logo

• The location of the store

• The price of the product

• The color of the product

Which statement is true about demand?

• Demand decreases as price increases

• Demand remains constant regardless of price changes

• Demand is only relevant in luxury markets

• Demand is unaffected by consumer preferences