Economy, asked by prachisingh12queen, 6 months ago

what is demand? explain.​

Answers

Answered by kendra1212
2

Answer:

In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time. The relationship between price and quantity demanded is also called the demand curve.

Answered by nikhilsram2004
2

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.

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