3 ms·
Because economists only call it demand to the extent that people are willing and able to make a purchase. If someone has a need or wants something real bad but
by fauigerzigerk 2y ago
Because economists only call it demand to the extent that people are willing and able to make a purchase.
If someone has a need or wants something real bad but can't afford to buy the desired quantity at the prevailing price then economists don't call it demand.