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What is the amount of a good or service that a consumer is willing to buy called?
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∙ 9y ago
The term for that definition is effective demand
Hollis Langosh
Wiki User
∙ 9y agoDemand is considered what consumers are willing and able to buy. If the product or service is too expensive, then people won't buy it because they can't afford it and there will be no demand. If it's affordable but people don't see the use, they still won't buy it and there will still be no demand. In order to create demand, a product has to be both useful and affordable. The more useful and affordable it is, the more demand there will be.
Wiki User
∙ 10y agoreservation (or reserve) price is the highest price a buyer is willing to pay for goods or a service
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∙ 14y agodemand
Alexa Phillips
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∙ 14y agodemand
Wiki User
∙ 14y agosupply
Wiki User
∙ 13y agoThe "cost"
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∙ 11y agoOutput
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What is the amount of a good or service that producers are willing to provide called?
Demand
What is the amount of Good or service that a that a consumer is willing to buy called?
Demand is considered what consumers are willing and able to buy. If the product or service is too expensive, then people won't buy it because they can't afford it and there will be no demand. If it's affordable but people don't see the use, they still won't buy it and there will still be no demand. In order to create demand, a product has to be both useful and affordable. The more useful and affordable it is, the more demand there will be.
The price consumers are willing to pay for a product minus the price they actually pay is called?
Consumer surplus
A small amount of money in return for a service also a small amount of money in return for service is called ?
A fee? Or maybe a tip? Depends on the context.
What is the amount of goods an services a buyer willing to pay called?
The price in which customer gets a bundal of satisfaction an in whn customer is willing to pay after the bargain of the actual price set up by the retailor. . .
What is the amount of a good or service that producers are willing to provide called?
Demand
What is the amount of a good of a service that a consumer is willing to buy called?
Demand is considered what consumers are willing and able to buy. If the product or service is too expensive, then people won't buy it because they can't afford it and there will be no demand. If it's affordable but people don't see the use, they still won't buy it and there will still be no demand. In order to create demand, a product has to be both useful and affordable. The more useful and affordable it is, the more demand there will be.
What is the amount of Good or service that a that a consumer is willing to buy called?
Demand is considered what consumers are willing and able to buy. If the product or service is too expensive, then people won't buy it because they can't afford it and there will be no demand. If it's affordable but people don't see the use, they still won't buy it and there will still be no demand. In order to create demand, a product has to be both useful and affordable. The more useful and affordable it is, the more demand there will be.
Who is a person who buys goods and service?
They could be called a consumer, a patron, a customer, or a client.
A person who receives a good or service is called?
The person who receives goods or services is a consumer.
The price consumers are willing to pay for a product minus the price they actually pay is called?
Consumer surplus
A deduction from a full purchase amount that is repaid to the consumer is called a?
rebate
When a consumer want to buy more of a product than producers are willing to make the resulting situation is called a?
shortage
What is a cupcake factory?
a service house where they produce a dessert called a cupcake for a consumer :)
When buying a car the amount you are charged and willing to pay is called the?
Selling Price.
A small amount of money in return for a service also a small amount of money in return for service is called ?
A fee? Or maybe a tip? Depends on the context.
What is the amount of good or service that an individual or producer is offered for sale called?
supply
