What is the difference between demand and quantity demanded?
Answers
Answered by
1
demand:means demand for a product by satisfying human wants.it is also defined as demand for a commodity or service as an effective desire.i.e.a desire backed by means as well as willingness to pay for it
quantity demanded:means the demand of the product by its quality and quantity.
quantity demanded:means the demand of the product by its quality and quantity.
Similar questions
Social Sciences,
7 months ago
India Languages,
7 months ago
English,
7 months ago
Science,
1 year ago
Social Sciences,
1 year ago