Economy, asked by shivM4279, 1 year ago

will a beggar desiring to purchase maruti car constitutes demand???

Answers

Answered by nmlfrhn
1

Answer:

No

Explanation:

To be considered as demand he should be able and willing. Just will not lead to demand.

Answered by ArunSivaPrakash
0

A beggers desire to purchase a Maruti car cannot constitute demand.

  • There is a difference between want and desire.
  • The willingness to have a thing a person does not have is a desire. I want is an effective desire to purchase a certain commodity or a service backed by the financial ability to possess it. A demand for a product or commodity is the quantity a consumer is willing and able to buy at a particular given time.
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