Question

1) quantity of the commodity
2) price of the commodity
3) willingness to buy
4)period of time
this are elements of demand nd i want explanation of this 4 points class 11th economics​

Answer 1

Explanation:

1) when the quantity produced of a commodity increases, the price of that commodity decreases, as a result of which the demand for it increases. There is a direct relationship between the quantity produced and demand of the commodity

2)when the price of a commodity decreases, it attracts the consumers. So the demand for that commodity increases and vice versa. There is a direct relationship between the price and demand of that commodity.

3)If a person is willing to buy a commodity, it means he is wishing to get a particular commodity in exchange of money. In that case, the demand for that commodity increases.

4)When the period of time increases, a person can afford to buy a particular commodity which he was willing to buy earlier but could not succeed due to insufficient money or some other factors. So the demand for the commodity increases in such case.

Hope it will help you!