jayshawn1423 jayshawn1423
  • 01-02-2024
  • History
contestada

What is the definition of demand?

Respuesta :

lakshmibeerabbi
lakshmibeerabbi lakshmibeerabbi
  • 01-02-2024

Answer:

Market prices are determined via demand and supply. If the demand for a product is more than the supply, the prices seem to go up. If the supply of the product is more than the demand, the prices go down. This simple economic principle is easy to understand, but what is the definition of demand is something to ponder.

Answer Link

Otras preguntas

which of the following regarding looking up words in a dictionary is true
President Kennedy achieves his desired tone mostly through a.poetic language b.powerful imagery c.everyday language d.the deep timbre of his voice
what is aids? i have to do a health report!!! and what's puberty?
why is it sometimes effective to refer to a known myth or work of art in the title of a literary work?
as a direct result of which life process does a plant make a variety of chemical substances such as poisons,drugs, and flavorings
What is difference between 2.71 hundredths and 2.67 hundredths?
Write down the value of [tex]64^{1/2}[/tex] and show working out
Why do leaves droop or curl when touched to prevent plant infection?
help me pls /need/help
Help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!