Answer:
<em>Operational description</em>
Explanation:
Operational description refers to <em>an accurate statement of how a theory variable is converted into a measured variable.</em>
Only once an appropriate functional definition has been established can work be carried out.
The conceptual variable may be too vague in some cases to be operationalized, and the variable may not be operationalized in other cases because the adequate technology has not been created.
<span>The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.</span>