0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
The desire willingness and ability to buy a good or service?
This is the definition of Demand from a high school economics course. It Is.
What is demand in Economic system?
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.
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.
What is the main difference between need and demand in economics?
The main difference between need and demand in economics is the purchase power. A want refers to a service or a good that is desired by a customer that is not necessarily required to sustain life while demand refers to the quantity of goods and services that the consumers are willing and able to buy at the range of prices.
What is demand in economics?
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.
The desire willingness and ability to buy a good or service?
This is the definition of Demand from a high school economics course. It Is.
What are the objectives of economics for business?
Economics explain the movement of money in the business world. It explains why people buy and sell and other important things like supply and demand.
What are importance of elasticity of demand in economics?
Importance of elasticity in economics
What is demand in Economic system?
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.
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.
What are the tools of economics?
demand and supply
Law of economics?
Supply and demand.
Economics is contolled by what?
Demand and supply.
What is the science that manages limited resources in demand?
economics
What is the main difference between need and demand in economics?
The main difference between need and demand in economics is the purchase power. A want refers to a service or a good that is desired by a customer that is not necessarily required to sustain life while demand refers to the quantity of goods and services that the consumers are willing and able to buy at the range of prices.
What is right shift in economics?
A right shift in economics means that there is an increase in demand.
