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What does it mean when an economist says that a consumer has demand for a good or service?

What does it mean when an economist says that a consumer has demand for a good or service?
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What does it mean when an economist says that a consumer has demand for a good or service?

User Marek Musielak
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1 Answer

5 votes
Demand means the consumers want the product or service. If there is a demand, companies must supply. "supply and demand"
User Andrew Medworth
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