The correct answer is: D. Both A and B
Demand for furniture is a consumer’s demand because it is a demand for a good or service that is purchased by consumers for their own personal use. It is also a durable demand because furniture is a good that is typically used for a long period of time.
Consumer demand is the demand for goods and services by consumers. It is a key factor in determining the prices of goods and services, as well as the level of economic activity. Consumer demand is influenced by a number of factors, including income, prices, tastes and preferences, and expectations.
Durable goods are goods that are typically used for a long period of time, such as furniture, appliances, and automobiles. Durable goods are a major component of consumer spending, and their demand is influenced by a number of factors, including income, interest rates, and the availability of credit.
In conclusion, the demand for furniture is a consumer’s demand because it is a demand for a good or service that is purchased by consumers for their own personal use. It is also a durable demand because furniture is a good that is typically used for a long period of time.