contestada

Demand is the willingness and ability to
buy a given good or service.
offer a given good or service.
increase the price of a given good or service.
decrease the price of a given good or service.

Respuesta :

Demand is the willingness and ability to buy a given good or service.

What is demand?

Demand can be defined as the desire to buy a commodity backed by ability to purchase that commodity at given price during a period of time.

Determinants of demand are :

  • Income
  • Consumer preferences
  • Number of buyers
  • Price related of goods and expectation of future.

Learn more about demand here: https://brainly.com/question/1245771

#SPJ1