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Consumers who are willing and able to purchase a product or service create an economic situation referred to as?

Consumers who are willing and able to purchase a product or service create an economic situation referred to as supply and demand. The price of the product or service tends to rise and fall depending on these factors.


Consumers who are willing and able to purchase a product of service create an economic situation referred to as what?

demandconsumption


Which of the following do marketers use to give consumers a special reason for them to purchase a product or servic?

Which of the following do marketers use to give consumers a special reason for them to purchase a product or servic


What economic term means the willingness of consumers to purchase a specific amount of a product at different prices?

Demand is the economic term meaning the willingness of consumers to purchase a specific amount of a product at different prices.


What is the economic term that means the amount that consumers will purchase or consume at a specific price?

Demand is the willingness of consumers to purchase a specific amount of a product at different prices.


What economic term means willingness of consumers to purchase a specific amount of a product at different prices?

Demand is the willingness of consumers to purchase a specific amount of a product at different prices.


Which term means the willingness of consumers to purchase a specific amount of a product at different prices?

Demand is the economic term meaning the willingness of consumers to purchase a specific amount of a product at different prices.


Where can consumers purchase statdream envelopes?

Consumers can purchase Stardream envelopes from the following places: Ici Paper, Fancy Paper, Envelopes Canada, Papers Papers, eBay, The Find, Amazon, to name a few.


Which type of economic system are consumers most likely to determine what goods will be produced?

The retail system. Thats where the consumers decide what they are going to purchase.


Which of the following describes a situation in which a shortage occurs?

A shortage occurs when the quantity demanded for a good or service exceeds the quantity supplied at a given price, leading to a situation where not all consumers are able to purchase the product they desire. This can result in price increases as sellers try to balance the demand and supply.


Economic and environmental issues that influence consumers to purchase local foods?

Economic issues that influence consumers to purchase local foods include high priced popular brands. Economic issues include the way local foods are grown such as whether they use harmful pesticides on or genetically modify their crops. The methods of transport used with transferring foods from one side of the country to the other are also considered. At farmer's markets the farmer is able to tell you "where, when, and how" about the foods they sell.


The general willingness of consumers to purchase a product at various prices is .?

Demand is the general willingness of consumers to purchase a product at various prices.