ECONOMICS
DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Demand
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Supply
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service
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None of the above
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Detailed explanation-1: -In economics, quantity demanded refers to the total amount of a good or service that consumers demand over a given period of time.
Detailed explanation-2: -Market demand is the demand in the market for particular goods and services. As the market demand checks the particular goods and services, factors like competitive products can affect the market demand. Aggregate demand is the demand for all products and services in an economy.
Detailed explanation-3: -Demand can be of the following types: Market demand. Individual demand. Cross demand.
Detailed explanation-4: -Demand is simply the quantity of a good or service that consumers are willing and able to buy at a given price in a given time period.
Detailed explanation-5: -i. Individual and Market Demand: ii. Organization and Industry Demand: iii. Autonomous and Derived Demand: iv. Demand for Perishable and Durable Goods: v. Short-term and Long-term Demand: