Demand is the need and opportunity to purchase a specific commodity or service. As a result, option 'C' is the proper response.
Demand and supply:
Demand is an economic theory that refers to a consumer's desire to buy products and services as well as their readiness to pay a price for them.
The innovator must examine the aspects of a complete business model while doing a need and market opportunity analysis. The innovator detects possible dangers and devises a strategy to comprehend and maybe overcome these external forces as a result of this consideration.
Find out more information about 'Opportunity'.
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