Economy, asked by pathakgaurav9595, 3 months ago

the deamand fora a product is the amount that ______​

Answers

Answered by BoyerevulaVarsha
0

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.

Answered by kartikeyaraiup
0

Answer:

We define demand as the amount of some products that a Consumer is willing and able to purchase at each price. This suggest at least two factors in addition to price, that affect demand.

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