Economy, asked by naremaybell, 2 months ago

definition of demand ​

Answers

Answered by hihaifa74
3

Explanation:

Definition: Demand is an economic term that refers to the amount of products or services that consumers wish to purchase at any given price level. The mere desire of a consumer for a product is not demand. Demand includes the purchasing power of the consumer to acquire a given product at a given period.hope it helps you thx.

Answered by kumarneetu308
0

Answer:

Demand refers to different possible quantity of the commodity which a consumer is ready to buy at different possible prices of that commodity .This is called demand .

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