In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given time. [1][2] In economics "demand" for a commodity is not the same …

May 10, 2025 · Demand is a consumer's willingness to buy something, and demand is generally related to the price that consumer would have to pay. Generally speaking, demand increases when prices …

demand, claim, require, exact mean to ask or call for something as due or as necessary. demand implies peremptoriness and insistence and often the right to make requests that are to be regarded …

Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price. Demand is based on needs and wants—a consumer may be …

Therefore, the intersection of the demand and supply curves provide us with the efficient allocation of goods in an economy. In microeconomics, the law of demand is a fundamental principle which states …

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What does demand mean in economics? Demand in economics refers to the quantity of a product or service that consumers are both willing and able to purchase at different price levels over a specific …

DEMAND definition: to ask for with proper authority; claim as a right. See examples of demand used in a sentence.

DEMAND definition: 1. to ask for something forcefully, in a way that shows that you do not expect to be refused: 2…. Learn more.

Sep 14, 2022 · Demand in economics is the quantity of goods and services bought at various prices during a period of time. It's the key driver of economic growth.