In addition to the desire to own a product, demand includes the desire, willingness, and ability to buy the product.

True

Explanation:

Demand refers to the volume of a good or service that buyers are willing and able to purchase at a certain price over a period. It means that customers should be willing to buy and have the financial ability to pay for the goods for the demand for a product to exist.

Demand for a good is affected by, among other things, customer's preferences and people's incomes.  Customer preference is the willingness and the desire to get the product. People's income is the ability to pay.

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

answer; only identify and interpret trends in the marketplace;