English, asked by rupeshdhodi5751, 6 months ago

The demand for a product is the amount that .


A. Buyers purchase in the market


B. Buyers are willing to purchase at a given price


C. Buyers are willing and able to purchase at alternative prices


D. Buyers are able to purchase at a specific price​

Answers

Answered by khusipradhan
5

Answer:

option b is the correct answer dear mark me as a brainlist and follow me

Answered by monica789412
0

Option C. Buyers are willing and able to purchase at alternative prices -This is the correct answer.

About demand for a product:

  • We must choose the most appropriate option for the question regarding 'the demand for a product'.
  • The demand for a product refers to the want of the product in the market.
  • It means the customers are ready to buy and will buy the product if it is available.
  • The demand for a product denotes the willingness to buy the product, no matter the cost is.
  • It is not the number of products sold, but just the need of the product, even when the cost is high or low.
  • So, Option A. Buyers purchase in the market -is wrong.
  • Option B. Buyers are willing to purchase at a given price is incorrect because the ability to buy is not mentioned.
  • Option C. Buyers are willing and able to purchase at alternative prices -is the correct answer.
  • Option D. Buyers are able to purchase at a specific price​ -is wrong because the buyers will not care about the price of the product when there is real demand.

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