Larrysmith19 Larrysmith19
  • 12-04-2021
  • Business
contestada

Demand is the relationship between what consumers __ and __ to buy at various prices.

Respuesta :

Kolawole845
Kolawole845 Kolawole845
  • 17-04-2021

Answer:

willing and able

Explanation:

The demand for a product is the relationship between what consumers are willing and able to buy at the various prices. It is important to note that the ability to pay for the product or service is a key element of the demand definition. According to the law of the demand, the quantity of the product demanded will decrease as the price goes up and vice versa.

Answer Link

Otras preguntas

How did machines speed up  textile manufacturing
Why did the Virginia Company give settlers the right to self-government?
what is a device that transforms thermal energy to mechanical energy
You bought a car for $25,000. You have owned it for one year, and it is now worth $21,000. What is the percent decrease in your car's value?16%19%84%119%
You bought a car for $25,000. You have owned it for one year, and it is now worth $21,000. What is the percent decrease in your car's value?16%19%84%119%
Why did the Virginia Company give settlers the right to self-government?
You work at a clothing store, and your boss wants you to find out which type of shirt had the highest percentage of sales. You found that 13 out of 20 tank tops
50 is 40% of what number?
Why did the Virginia Company give settlers the right to self-government?
Mr. Jacob is 55 years old and tony is 7 years old. in how many years will mr. Jacobs be 4 times as old as Tony