Economy, asked by Aronwins, 1 year ago

What is meant by demand locales​

Answers

Answered by Anonymous
5

Demand is an economic principle referring to a consumer's desire 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 demand, and vice versa. Think of demand as your willingness to go out and buy a certain product.

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