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 same …

3 days ago · Price elasticity of demand is an economic ratio that represents how a change in price affects a product's demand.

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 requests that are to be regarded …

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 consumer may be …

Sep 15, 2024 · Learn the definition of demand in economics, explore seven different types of demand and the relationship between supply and demand.

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

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