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 …

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 …

Learning Objectives Use demand and supply to explain how equilibrium price and quantity are determined in a market. Understand the concepts of surpluses and shortages and the pressures on …

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 when prices …

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 …

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 specific …

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 : What is meant by Demand? Learn about Demand in detail, including its explanation, and significance in Economy on The Economic Times.

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