Question

1. What do you mean by demand?
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Answer 1

Answer:

Explanation:

an insistent and peremptory request, made as of right.                                                          

Answer 2

Answer:

Explanation:

Demand is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service.

Holding all other factors constant, an increase in the price of a good or service will decrease the quantity demanded, and vice versa