Who is it that ultimately determines the demand for a product or service?

Question

Quizplus · Accepted Answer

The ultimate determiner of demand for a product or service are the individuals or entities that purchase or consume it, as they are the ones who decide if they want or need it and are willing to pay for it. While other factors such as the government, producers, and suppliers can influence demand to some extent, they do not have the final say in whether a product or service is in demand or not.

Who Is It That Ultimately Determines the Demand for a Product