Saved Bookmarks
| 1. |
In your own words, how do you define demand? |
|
Answer» Answer: Demand is an economic principle referring to a CONSUMER's desire to PURCHASE goods and services and willingness to pay a price for a specific good or service. Holding all other factors constant, an increase in the price of a good or service will decrease the quantity demanded, and vice versa. Explanation: hope it helps you pls MARK me as brainliest and also FOLLOW me |
|