Greg Williams now has the buying power to purchase the computer system he has wanted for the last six months.Greg's want now has become a(n)________.
A)need
B)necessity
C)demand
D)exchange
E)transaction

Question

Quizplus · Accepted Answer

A want becomes a demand when the person has both the desire and the ability to pay for the product or service. In this scenario, Greg now has the buying power to purchase the computer system, which means he has the ability to pay for it and therefore, his want has become a demand.

Greg Williams Now Has the Buying Power to Purchase the Computer