pay
The desire, ability, and willingness to buy a product
demand
Demand: 1.When Someone ant a thing and also have ability to buy that thing is DEMAND 2.Its Is Based On Availability N Ability To consumption of Resources. 3.Demand: *Give Me This Now* :D Desire: 1.When Someone ant a thing and Doesn't have ability to buy that thing is DESIRE 2.Its an IMAGINATION wothout estimating the available resources. 3. Desire: *I Want This* :')
The desire to own something and the ability to pay for it is defined as "demand." Similar words to desire include "necessity", "requirement", and "pursuit."
carrot sticks filled with fish
The desire, ability, and willingness to buy a product
demand
Supply And Demand.Demand:- it consists of two components 1. Desire. 2. Ability.the desire component is important in the sense that only having desire for a product or service does not create demand for a product. The desire should accompany the ability component to create demand for a product and service. Therefore, we can say that demand is willingness and ability to buy something.Supply:- it means the availability of a product and service in the market.According to the law of demand and supply, when demand increases, supply shrinks which leads to increase in prices.
Product demand is an economic term. The product demand describes the desire for a particular product that the public has.
Demand: 1.When Someone ant a thing and also have ability to buy that thing is DEMAND 2.Its Is Based On Availability N Ability To consumption of Resources. 3.Demand: *Give Me This Now* :D Desire: 1.When Someone ant a thing and Doesn't have ability to buy that thing is DESIRE 2.Its an IMAGINATION wothout estimating the available resources. 3. Desire: *I Want This* :')
The desire to own something and the ability to pay for it is defined as "demand." Similar words to desire include "necessity", "requirement", and "pursuit."
When demand for something is greater than the ability, or desire to supply that 'something'.
carrot sticks filled with fish
This is the definition of Demand from a high school economics course. It Is.
The desire for a good or service with the ability to pay for it.
The term demand implies a 'desire' for a commodity backed by the ability and willingness to pay for it. Unless a person has adequate purchasing power or resources and the preparedness to spend his resources,his desire for a commodity would not be considered as demand.
The price and quantity are generally determined by the demand for the products, e.g the desire by consumers to purchase them. Generally, the greater the demand, the higher the price, and the greater the quantity that will be produced for sale.