what is demand and difenaction of demand
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➡️Dᴇᴍᴀɴᴅ ɪs ᴛʜᴇ ϙᴜᴀɴᴛɪᴛʏ ᴏғ ᴀ ɢᴏᴏᴅ ᴛʜᴀᴛ ᴄᴏɴsᴜᴍᴇʀs ᴀʀᴇ ᴡɪʟʟɪɴɢ ᴀɴᴅ ᴀʙʟᴇ ᴛᴏ ᴘᴜʀᴄʜᴀsᴇ ᴀᴛ ᴠᴀʀɪᴏᴜs ᴘʀɪᴄᴇs ᴅᴜʀɪɴɢ ᴀ ɢɪᴠᴇɴ ᴘᴇʀɪᴏᴅ ᴏғ ᴛɪᴍᴇ.
➡️Tʜᴇ ʀᴇʟᴀᴛɪᴏɴsʜɪᴘ ʙᴇᴛᴡᴇᴇɴ ᴘʀɪᴄᴇ ᴀɴᴅ ϙᴜᴀɴᴛɪᴛʏ ᴅᴇᴍᴀɴᴅᴇᴅ ɪs ᴀʟsᴏ ᴄᴀʟʟᴇᴅ ᴛʜᴇ ᴅᴇᴍᴀɴᴅ ᴄᴜʀᴠᴇ.
➡️Dᴇᴍᴀɴᴅ ғᴏʀ ᴀ sᴘᴇᴄɪғɪᴄ ɪᴛᴇᴍ ɪs ᴀ ғᴜɴᴄᴛɪᴏɴ ᴏғ ᴀɴ ɪᴛᴇᴍ's ᴘᴇʀᴄᴇɪᴠᴇᴅ ɴᴇᴄᴇssɪᴛʏ,
➡️Pʀɪᴄᴇ, ᴘᴇʀᴄᴇɪᴠᴇᴅ ϙᴜᴀʟɪᴛʏ, ᴄᴏɴᴠᴇɴɪᴇɴᴄᴇ; ᴀᴠᴀɪʟᴀʙʟᴇ ᴀʟᴛᴇʀɴᴀᴛɪᴠᴇs; ᴘᴜʀᴄʜᴀsᴇʀs' ᴅɪsᴘᴏsᴀʙʟᴇ ɪɴᴄᴏᴍᴇ ᴀɴᴅ ᴛᴀsᴛᴇs; ᴀɴᴅ ᴍᴀɴʏ ᴏᴛʜᴇʀ ғᴀᴄᴛᴏʀs.
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