Demand is represented by wanting an expensive leather jacket without having the money to buy it.

Name: Demand is represented by wanting an expensive leather jacket without having the money to buy it.
Brand: Quizplus
Rating: 4.8 (58 reviews)

Question

Quizplus · Accepted Answer

Demand in economic terms requires not only the desire to purchase a good or service but also the purchasing power to do so. Simply wanting an expensive leather jacket without the ability to buy it does not constitute demand.

Demand Is Represented by Wanting an Expensive Leather Jacket Without