Demand Factors Refers to

question 218

Multiple Choice

Demand factors refers to

• A)the number of consumers who can afford to purchase a product or service.
• B)the price that should be charged for a given product.
• C)consumers' willingness and ability to pay for products and services.
• D)the number of consumers who want to purchase a product.
• E)the number of consumers who can purchase a product.

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Definitions:

Debtor

An individual or entity that owes a debt to another.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone; a moral obligation to behave correctly towards or in respect of.

Legal Relationship

A connection between two or more entities recognized by law, subject to legal rights and duties.

Family Matters

Refers to legal issues and situations involving family relationships, such as divorce, child custody, and adoption.