Answer:
Step-by-step explanation:
The demand or need for a particular good or service is based on the wants and needs of consumers. When people have a need or want for a particular product or service, they will be willing to pay for it, which creates demand. This demand can be driven by a variety of factors, such as changes in consumer preferences, population growth, economic conditions, and technological advances.
In order for a project to be successful, it is important to understand the basis for the demand for the goods or services being produced. This may involve conducting market research to determine the needs and preferences of consumers, as well as analyzing trends in the industry and the competitive landscape. Understanding the demand for the goods or services being produced can help inform the development of the project and help ensure that it meets the needs of consumers.