Question

defination of demand​

Answer 1

Answer:

Demand =

An urgent or peremptory request is termed as demand.

Or the ability and desire to purchase goods and services can also be termed as demand.

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Answer 2

Demand

It has two phases,

1) change in demand(shift in demand)

It increases and decreases, when price remains same, due to change in other factors.

2) change in quantity demand (movement in demand)

It includes extension and contraction, due to change in price other factor remain same(constant).