Define the term demand and quantity demand ??
Answers
Answered by
20
Heya.....
See here for your answer....
============================
What is meant by term DEMAND ---
The different possible quantities of a commodity that a producer is ready to purchase at the different possible prices of that commodity...
What is meant by term QUANTITY DEMAND -----
The specific number of Quantity that a consumer is ready to purchase at specific prices of that commodity..
Thank you
See here for your answer....
============================
What is meant by term DEMAND ---
The different possible quantities of a commodity that a producer is ready to purchase at the different possible prices of that commodity...
What is meant by term QUANTITY DEMAND -----
The specific number of Quantity that a consumer is ready to purchase at specific prices of that commodity..
Thank you
Answered by
3
heya !!
here is your answer⤵️⤵️
Demand :
Demand normally mean something hard desire.
But,
Demand in economics mean that people's desire.
The law of demand governs the relationship between quantity demanded and price.
Quality demand :
The consumer demand for goods quality.
They need a nice quality.
hope my answer helps you
here is your answer⤵️⤵️
Demand :
Demand normally mean something hard desire.
But,
Demand in economics mean that people's desire.
The law of demand governs the relationship between quantity demanded and price.
Quality demand :
The consumer demand for goods quality.
They need a nice quality.
hope my answer helps you
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