Define demand for a good.
Answers
Answered by
6
, 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.
Answered by
1
Answer:
MARK ME AS BRAINLIEST ANSWER. THANKS FOR THE REPLY
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
Similar questions
India Languages,
2 months ago
Computer Science,
2 months ago
Math,
2 months ago
Math,
4 months ago
Biology,
4 months ago
Math,
10 months ago
History,
10 months ago
Political Science,
10 months ago