USA Today Crossword Supply-and- ". demand class, for short Puzzle Answer Disclosed for Today June 1, 2024
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Updated Jun 01, 2024
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Supply-and- ". demand class, for short Crossword Clue Explanation:
The clue "Supply-and-demand class, for short" indicates that it's hinting at a subject that is commonly taught in school. When we talk about "supply and demand," we are referring to a basic concept in economics. Supply is how much of something is available, and demand is how much people want it. These two things together help decide the price of things we buy and sell.
So, a class that teaches about supply and demand would be an economics class. Now, the clue also says "for short," which means we are looking for an abbreviation or a shorter way to say the name of this class.
Answer:
The answer is “ECON”.
Answer Explanation:
The answer to the clue "Supply-and-demand class, for short" is "ECON." This answer comes from the understanding that the study of supply and demand is a key part of economics. Economics is the subject that teaches us about how goods and services are produced, distributed, and consumed. It explains how people, businesses, and governments make choices about using resources.
Supply and demand are fundamental ideas in economics because they explain how prices are set in a market. When there is a lot of something (high supply) but not many people want it (low demand), the price goes down. When there is not much of something (low supply) but many people want it the price goes up.
The term "ECON" is a common abbreviation used for the word "economics," especially in school and university course listings. This makes "ECON" a short and easy way to refer to the class where you learn about these important concepts.
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