Question

A consumer’s desire to buy something and the ability to pay for it is called:

A. demand
B. law of diminishing returns
C. supply
D. economic desire

Answer 1

Answer is A) Demand...

Try to remember by desire to buy is important, therefore it should be a demand.

Answer 2

I think the correct answer from the choices listed above is option A. A consumer’s desire to buy something and the ability to pay for it is called demand. It is an economic principle that describes a consumer's desire and willingness to pay a price for a good or service.