You are here:
Marketing Research/Demand
Advertisement
Question
when a student buys goods on credit (that is to pay later)did he demanded for it
In economics, demand for a product or service exists when a person is both willing and able to purchase it. Generally, if you do not have money to purchase the product, you are unable to buy it, so there is no demand.
However, although the student did not have money to pay for the goods upfront, the merchant extended credit to him/her, making him/her able to purchase them. Hence, demand did exist.
- Add to this Answer
- Ask a Question
| Rating(1-10) | Knowledgeability = 10 | Clarity of Response = 10 | Politeness = 10 |
| Comment | He is good keep him.Never loose him | ||
Related Articles
- Amazon Introduces New Service for Watching Video on Demand
- Purchase Money Loan - What is a Purchase Money Loan
- 90 Days Same as Cash - Not the Good Deal It Seems to Be
- Demand - A Primer on the Role of Demand in the US Economy - Demand Components
- 2010 Online Shopping Discount Coupon Codes & Deals - How to Get Free Shipping and Internet Web E-commerce Discounts on Holiday Season Merchandise
Alex J. Caffarini
Expertise
Alex Caffarini is the President and founder of Analysights, LLC, a marketing analytics firm that enables companies to enhance their marketing performance through sophisticated data analysis. Alex has nearly 20 years of marketing research and data analysis experience, specializing in survey research, predictive modeling, and data analysis. Alex’s experience spans several industries, including banking, insurance, retail, consumer packaged goods, and non-profit. Alex has developed statistical models for Harris Bank, NCH Marketing Services, Hammacher Schlemmer, and other companies. He has also designed and managed survey projects for the Schaumburg Business Association, Brocade Communications, and the American Medical Association. Alex has also designed and published a number of market-sizing reports for the coupon and food retailing industries. Alex holds a B.B.A. in Economics and an M.B.A. in Marketing and Quantitative Methods, both from Loyola University Chicago, where he also teaches database theory.
Experience
I have nearly 20 years of marketing research experience across several different industries, including banking, insurance, retail, and non-profit.
Organizations
American Marketing Association
American Statistical Association
Marketing Research Association
Schaumburg Business Association
Publications
"10 Costly Marketing Research Mistakes" was cited in "Principles of Marketing" by Jeff Tanner and Mary Anne Raymond.
Also:
eZinearticles.com
RIS News
Education/Credentials
M.B.A. in Marketing and Quantitative Methods, and B.B.A. in Economics, both from Loyola University Chicago.
Past/Present Clients
Elgin Community College, Harris Bank, Brocade Communications, Schaumburg Business Association
©2012 About.com, a part of The New York Times Company. All rights reserved.