To understand and analyze demand, we focus on how much of a product the buyers are willing and able to buy. Therefore, Option D is the correct statement.
Product demand can be described as the customer's willingness to buy a product or service at a given price. Demand is a fundamental monetary force that drives a firm's revenue.
The complete information about the question is given below:
A. Willing and wanting to buy
B. Actually buying now and in the recent past
C. Able to buy with their given income
D. Willing and able to buy
Therefore, To understand and analyze demand, we focus on how much of a product the buyers are willing and able to buy. Option D is the correct statement.
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