Question

Definition of demand and supply

Answer 1

Answer:Demand refers to how much of that product, item, commodity, or service consumers are willing and able to purchase at a particular price. In other words, supply pertains to how much the producers of a product or service are willing to produce and can provide to the market with limited amount of resources available.

Answer 2

Answer:

Hey mate...

Good noon..♥

Demand is an insistent and peremptory request,made as a right..

Supply - make something needed or wanted available to someone...

Hope it helps...!!!

Have a great day ahead...^_^