Answer:
This is an Element of Demand.
Explanation:
Demand according to person Penson implies three things
(i) Desire to possess a thing
(ii) Means of purchasing it; and
(iii) Willingness to use those means for purchasing it.
(IV) The commodity be purchased at a given price.
(V) And under a given time
- BJs or Sam club desire to to buy items like toilet paper and groceries makes them of demand to the buyers.
- BJs or sam's club ability to purchase the toilet paper and groceries using legal tenders makes them of demand to the buyers,of course they can't spend there money on things of no value.
- BJs or sam's club willingness to use the purchased items makes them of demand to the buyers.
- Purchasing the commodity at a given price makes the commodity of demand since it is a scares commodity.
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