English, asked by avanikoshti2, 5 months ago

what must a consumer demand for the good purchased?

Answers

Answered by Itzkrushika156
2

Explanation:

The demand for a good or service depends on two factors: (1) its utility to satisfy a want or need, and (2) the consumer's ability to pay for the good or service. In effect, real demand is when the readiness to satisfy a want is backed up by the individual's ability and willingness to pay.

Krushika✍︎

Answered by user0690
0

The demand for a good or service depends on two factors: (1) its utility to satisfy a want or need, and (2) the consumer's ability to pay for the good or service. In effect, real demand is when the readiness to satisfy a want is backed up by the individual's ability and willingness to pay.

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