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

If Mary likes Johnny, but Johnny likes Katie, and Katie likes Mary. What do they do?
BRAINLIEST PLS HELP ME
On January 1, 2016, Telespace Inc. grants 6 million non-qualified stock options to its employees. The stock options have exercise price of $20, which is equal t
If air velocity at 21.1 m/s is desired, what is the expected difference between stagnation and static pressure read by a water manometer in inches H2O at this a
Add 2 to both sides of the equation. So, I have this half-done equation, and the next step is to add 2 to both sides, how do I do that? Please help with a legit
What is NOT true about quitting tobacco use? Select one: a. If a former smoker takes a single puff, it can increase his or her odds of relapse greatly. b. After
ill give u the crown thingy pls help
Find the Roots of the quadratic equation. 2x2 + 7 – 30 = 0
how is educational indicator calculated​
5x + 2y = 12 5x – 2y = 28