Economy, asked by Anonymous, 9 months ago

Explain DEMAND .do not spam✌️

Answers

Answered by Anonymous

Answer:

Demand is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service. Holding all other factors constant, an increase in the price of a good or service will decrease the quantity demanded, and vice versa.

It has other meaning also...hehe✌️✌️

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