Economy, asked by nathr8272, 4 months ago

What is individual demand? define

Answers

Answered by Anonymous
1

Answer:

Individual demand refers to the demand for a good or a service by an individual (or a household). Individual demand comes from the interaction of an individual's desires with the quantities of goods and services that he or she is able to afford.

Answered by anupashree101
1

Individual demand is influenced by an individual's age, income, habits, expectations and the prices of competing goods in the marketplace.

Similar questions