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 …

Supply chain as connected supply and demand curves In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, the unit …

If you have been late on payments on three or more occasions during any 12-month period and the park owner has given you a written demand for possession for nonpayment of rent on each occasion, the …

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 …

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 …

Conclusion Demand is a fundamental concept in economics that plays a crucial role in shaping market behavior. Understanding the factors that influence demand is essential for individuals, businesses, …

DEMAND meaning: 1 : a forceful statement in which you say that something must be done or given to you often + for; 2 : a strong need for something

When economists refer to demand, they usually have in mind not just a single quantity demanded, but what is called a demand curve. A demand curve traces the quantity of a good or service that is …