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Economics - Financial Markets
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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. please help:)
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Actually only option d qualifies as demand. Demand=willingness to buy + ability to buy
It's d.! Demand = Ability to buy at the given price + Willing to buy at that price
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