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What term is defined as an item or a feature for which a consumer is willing to pay?

The term defined as an item or feature for which a consumer is willing to pay is called a "value proposition." This concept encompasses the benefits and features that make a product or service attractive to consumers, justifying their willingness to spend money. A strong value proposition clearly communicates how a product meets the needs or solves the problems of the target audience.


What is it called Willing and able to by at a given price?

The concept of being willing and able to buy a good or service at a given price is referred to as "demand." Demand reflects consumers' desire for a product combined with their purchasing power at various price levels. It is a fundamental principle in economics that helps to determine market equilibrium and pricing strategies.


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.


What is the amount of a good or service that a consumer is willing to buy called?

The term for that definition is effective demand


People who buy goods and services are called?

Consumers

Related Questions

Is determined by how many consumers want to buy a product is called what?

Consumer demand


What is it called Willing and able to by at a given price?

The concept of being willing and able to buy a good or service at a given price is referred to as "demand." Demand reflects consumers' desire for a product combined with their purchasing power at various price levels. It is a fundamental principle in economics that helps to determine market equilibrium and pricing strategies.


What is it called when one actually buys a product instead of just desiring a product?

secondary


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.


What are humans trophic level?

Actually,trophic level is feeding position of animals in food chain or food web in ecosystem. [ANIMALS WHICH CONSUME ENERGY CALLED AS CONSUMERS]They are classified as primary consumers [plant eaters are called herbivores] secondary consumers [flesh eaters are called carnivores] tertiary consumers [Eaters of both plants and flesh are called omnivores] RABBIT IS PRIMARY.SPIDER IS SECONDARY AND HUMANS ARE TERTIARY CONSUMERS


When a consumer want to buy more of a product than producers are willing to make the resulting situation is called a?

shortage


The act of representing ones product so it will occupy a distinct place in the consumers mind is known as?

In advertising this is called positioning


Consumers that hunt and kill other consumers are called?

Consumers that hunt and kill other consumers are called carnivores.


First level consumers are called?

first level consumers are called primary consumers or herbivores


Why are consumers called the secondary consumers?

why


Is there actually a company called Go To Webinar?

"No, there is not actually a company called Go To Webinar. The name of the company is Citrix, and the name of the product they offer for holding webinars is called GoToMeeting."