Larrysmith19 Larrysmith19
  • 12-04-2021
  • Business
contestada

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

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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.

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