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ale4655 [162]
2 years ago
15

Demand is the willingness and ability to

History
1 answer:
yulyashka [42]2 years ago
6 0

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

<h3>What is demand?</h3>

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: brainly.com/question/1245771

#SPJ1

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