Define demand for a good.
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, demand for a good means the desire to have the good. For example, if a person desires to have an automobile, it is said that he has demand for an automobile. However, in economics, mere desire to have a good is not taken to be the demand for that good.
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Explanation:
In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time. The relationship between price and quantity demanded is also called the demand curve
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