write shot notes on concept of demand
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Demand refers to the quantity of commodity in which the buyers are able to buy particular product at each price during every period of time .
pandeyamarnath899:
Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer.
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