0
What are two conditions that create a demand for goods and services?
Wiki User
∙ 13y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What do you call in economic terms buying and selling of goods?
Demand and Supply. Demand= buying goods and services. Supply=selling goods and services.
How do people demand goods and services?
When economists refer to the demand for goods and services, what they mean is, what goods and services are people buying. People demand things by buying them. If you demand to have things given to your for free, that is politics rather than economics.
What determines the prices of goods and services in the product market?
Supply and demand. Supply and demand determines the prices of goods and services in the market.
What is foreign demand?
It is the foreign demand for domestic goods and services.
What is meant by derived demand and how does this demand characteristic impact freight demand?
Derived demand is the demand to transport goods or services to location depend on demand to consume a goods or services to location. Freight of product is derived from the customer demand of product.
Why do businesses might want to create demand?
Its Simple! When Businesses Will Create Demand, Consumers Will purchase their Goods Or Services; In Result, Their Will Increase Their Sales & Profit.
What do you call in economic terms buying and selling of goods?
Demand and Supply. Demand= buying goods and services. Supply=selling goods and services.
How do people demand goods and services?
When economists refer to the demand for goods and services, what they mean is, what goods and services are people buying. People demand things by buying them. If you demand to have things given to your for free, that is politics rather than economics.
What determines the prices of goods and services in the product market?
Supply and demand. Supply and demand determines the prices of goods and services in the market.
What is foreign demand?
It is the foreign demand for domestic goods and services.
What is secondary demand?
It is the demand for specific goods/services of a firm. Due to differentiation of goods in the industry.
What is meant by derived demand and how does this demand characteristic impact freight demand?
Derived demand is the demand to transport goods or services to location depend on demand to consume a goods or services to location. Freight of product is derived from the customer demand of product.
Something which may be used to create goods or services?
something which may be used to create goods or services
When you purchase goods or services what does it create?
When a consumer is able and willing to buy a good or service he or she creates a demand.
What is aggregate demand'?
the total demand for final goods and services in the economy
What is the demand for all goods and services within a country?
Aggregate Demand
What generates a demand for goods and services?
PRICE
