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A Product Moy Be Omoving, but Unless People Con Octually Offord It, It's Not Really in Demen. Folse

Problemas

A product moy be omoving, but unless people con octually offord it, it's not really in demen. Folse

Roztwór

Cecilia maestro · Tutor durante 5 años
Weryfikacja ekspertów
4 (323 Votos)

Respuesta

True

Explicación

## Step 1The problem presents a statement that a product may be available, but unless people can afford it, it's not really in demand. This statement is a fundamental concept in economics, specifically in the study of demand.## Step 2Demand in economics is defined as the willingness and ability of consumers to purchase a good or service. This means that for a product to be in demand, consumers must not only want the product, but they must also have the financial means to purchase it.## Step 3If a product is available but people cannot afford it, it means that the consumers do not have the financial means to purchase the product. This indicates that the product is not in demand because the consumers cannot afford it.## Step 4Therefore, the statement is true. A product must be affordable for it to be in demand.