Economy, asked by nikitapandey0708, 9 months ago

distinguish between desire and demand​

Answers

Answered by HERO420
15

Explanation:

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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. A person can desire anything at any point of time

Demand is the ability and the willingness to purchase a commodity which is back up by the purchasing power of the consumer

Desire simply refers to the mere wish of a person to have a particular commodity.

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Answered by taisha02
5

Answer:

Desire means whatever u wish or want but you don't have much/sufficient money to afford it.

Demand means whatever you wish or want and is affordable .

Explanation:

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