Economy, asked by Anonymous, 1 year ago

Explain DEMAND .do not spam✌️

Answers

Answered by pandeyshailendra487
6

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

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Answered by Blossomfairy
14

 \star\:\tt \orange{Demand :}

Supply refers to the amount of goods that are available. Demand refers how many people wants that good.When supply of product goes up,the price of the product goes down and demand for the product can rise it because it costs loss.As a result price will rise.

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