Question

write the definition of demand

Answer 1

Hey,mate is your answer ●●●●●

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.



hope it helps you......

Answer 2

Definition of 'Law Of Demand' ... In the market, assuming other factors affecting demand being constant, when the price of a good rises, it leads to a fall in thedemand of that good. This is the natural consumer choice behavior.