Economy, asked by kashan25, 4 months ago

what do you mean demand? ​

Answers

Answered by Anonymous
6

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.

Answered by reverie36
1

Here it is

  • Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price.
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