Economy, asked by pinkishaw2508, 2 days ago

Define demand.Distinguish between individual demand and market demand.

Answers

Answered by kumarshivam33933

Answer:

Individual demand is influenced by an individual's age, sex, income, habits, expectations and the prices of competing goods in the marketplace. Market demand is influenced by the same factors, but on a broader scale – the taste, habits and expectations of a community and so on.

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