Question
Consumer demand is defined as
how frequently the prices change.
the willingness and ability people have to buy a good.
how frequently the people are willing pay for something.
how often people want something delivered.
how frequently the prices change.
the willingness and ability people have to buy a good.
how frequently the people are willing pay for something.
how often people want something delivered.
Answers
Answered by
GPT-4o mini
Consumer demand is defined as **the willingness and ability people have to buy a good.** This definition encompasses both the desire for a product and the capacity to purchase it, reflecting consumers' purchasing intentions in the marketplace.