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 …

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 …

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 …

Nov 8, 2012 · 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 …

DEMAND definition: 1. to ask for something forcefully, in a way that shows that you do not expect to be refused: 2…. Learn more.

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 …

Oct 14, 2024 · Consumers and businesses alike must understand how demand operates to make informed decisions. This article will explore how demand works, the economic determinants …

Demand definition: to ask for with proper authority; claim as a right.. See examples of DEMAND used in a sentence.

1. When presented for payment: a note payable on demand. 2. When needed or asked for: fed the baby on demand.

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 …