What does it mean when you have demand for a good or service?

A. You can afford the good but may be unwilling to buy it.
B. You want the good but may not have the money for it.
C. You are able to buy the good but not at the given price.
D. You are willing and able to buy the good at the given price.

Question

What does it mean when you have demand for a good or service?

A. You can afford the good but may be unwilling to buy it. 
B. You want the good but may not have the money for it. 
C. You are able to buy the good but not at the given price. 
D. You are willing and able to buy the good at the given price.

mnb7 · Answer

D. You are willing and able to buy the good at the given price

Anonymous · Answer

Demand for a good or service means that consumers are willing and able to purchase it at a certain price. This encompasses both the desire for the product and the financial means to buy it. The correct answer is D, indicating that consumers must be both willing and able to buy the good at the given price. 
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Answer (2)

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