Consumer demand is the?

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Prepare for the YouScience Animal Science and Livestock Production Test. Study with flashcards and varied questions, each offering hints and explanations. Get ready to excel on your test day!

Multiple Choice

Consumer demand is the?

Explanation:
Consumer demand is the desire to buy products or services, backed by the means to pay, at various prices over time. That’s why the option describing the desire for products fits best: demand centers on wanting to purchase and having the ability to do so. The other terms refer to different ideas—inventory is stock on hand, the process from production to the consumer is the supply chain, and break-even is the point where revenue covers costs.

Consumer demand is the desire to buy products or services, backed by the means to pay, at various prices over time. That’s why the option describing the desire for products fits best: demand centers on wanting to purchase and having the ability to do so. The other terms refer to different ideas—inventory is stock on hand, the process from production to the consumer is the supply chain, and break-even is the point where revenue covers costs.

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