How the amount of something a they want to buy
it means the market demand.
When an economist says that the demand for a product has increased this means that
if a product is in high demand it means lots of people want/like it, if something is in demand someone wants it, high demand means that product is popular and people want it, it's in high demand.
Indivdual demand means, every individual consumer choice. it means what he\she wants they will go to purchase that commodity, this activity be comes in economics inkividual demand
Excess demand occurs when demand outweighs supply. This means there is a shortage of a good.
It means it is Unitary elastic.
In economics, inelastic demand means that changes in price have little impact on the quantity demanded, while elastic demand means that changes in price have a significant impact on the quantity demanded.
Scarce
it means that the price is higher and demand of products is high
Ex- means out and claim means to demand an object or something...
exact
MODtv means Most On Demand tv