What is demand in economics?

Anonymous

∙ 7y ago

Updated: 8/11/2021

In ordinary language demand is just like an desire but in Economics its not only a desire, one should have desire and willingness to buy with financial potentiality.

Mattie Grant ∙

Lvl 10

∙ 4y ago

What else can I help you with?

What are importance of elasticity of demand in economics?

Importance of elasticity in economics

What does the term demand refer to in economics?

The term demand in economics refers to the total amount of demand at all possible prices. Demand's definition is how much the consumers want a product.

Law of economics?

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Economics is contolled by what?

Demand and supply.

What is right shift in economics?

A right shift in economics means that there is an increase in demand.

What is the science that manages limited resources in demand?

economics

What are demand distinctions in managerial economics?

Explain the managerial uses of demand distinction

Economics a brief introduction?

supply and demand

Could you give me an example of demand and supply in economics?

first you demand the blowjob, then they supply it!

What does AMD stands for in economics?

Annual market demand

What are the characteristics of classical economics?

the law of suply and demand