0
What else can I help you with?
Difference between potential demand from effective demand?
effective demand is the willingness and desire to have a commodity backed by purchasing power whereas potential demand is the willingness and desire to have a commodity not backed by purchasing power
What it the amount of good or service that a consumer is willing to buy?
The term for that definition is effective demand
What are some examples of effective demand?
Effective demand refers to the desire for a good or service backed by the ability to pay for it. Examples include consumers purchasing smartphones, as they not only want the device but also have the financial means to buy one. Another example is a business investing in new machinery, reflecting both the desire for improved productivity and the available capital to make that investment. Lastly, a family deciding to buy a new home demonstrates effective demand, as they have both the desire for a larger living space and the financial resources to afford it.
What makes increased government spending an effective tool for increasing demand?
By increasing government spending, you increase the demand for certain products because the government is looking to buy those products. The government can act as a consumer, and when a consumer spends more, the demand for goods and services is increased.
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
Difference between potential demand from effective demand?
effective demand is the willingness and desire to have a commodity backed by purchasing power whereas potential demand is the willingness and desire to have a commodity not backed by purchasing power
In demand courses?
There are many courses that are in demand. These courses are said to be the most effective in job training.
What it the amount of good or service that a consumer is willing to buy?
The term for that definition is effective demand
What is the amount of a good or service that a consumer is willing to buy is?
The term for that definition is effective demand
What is the effect of advertisement on sales of laptops?
the effective sale is promotion, it depend on offers and the customer demand.
What has the author S H Coontz written?
S. H. Coontz has written: 'Productive labour and effective demand'
Are only expensive medicines effective?
Not necessarily. The expensive medications are usually those that are new and are not available in a generic, or demand outstrips production. Many older medications are still considered effective.
Does owners of a company prevent effective management?
Owners of a company or shareholders prevent effective management because they really dictate for the dirctors in the company and mostly demand for more income no matter the situation.
What are some examples of effective demand?
Effective demand refers to the desire for a good or service backed by the ability to pay for it. Examples include consumers purchasing smartphones, as they not only want the device but also have the financial means to buy one. Another example is a business investing in new machinery, reflecting both the desire for improved productivity and the available capital to make that investment. Lastly, a family deciding to buy a new home demonstrates effective demand, as they have both the desire for a larger living space and the financial resources to afford it.
What makes increased government spending an effective tool for increasing demand?
By increasing government spending, you increase the demand for certain products because the government is looking to buy those products. The government can act as a consumer, and when a consumer spends more, the demand for goods and services is increased.
What is social demand?
Social demand refers to the collective desire or need for a particular product, service, or issue within a society. It represents the level of interest or demand that exists among individuals or groups to address a common societal challenge or meet a shared goal. Understanding social demand is crucial for organizations and policymakers to develop effective solutions and strategies that align with the needs and concerns of society.
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
