Business Studies, asked by piyush11077, 1 month ago

define demand How it's different from desire ​

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Answered by aryan418436
1

Answer:

Desire simply refers to the mere wish of a person to have a particular commodity. Demand refers to a desire backed by the ability and willingness to pay for a particular commodity. ... There is no relation between desire with price, place and time. Demand has relation with price, place and time.

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