Demand can be defined as the willingness and ability of consumers to purchase a given amount of a good or service at a given price. In other terms, demand for any commodity is the desire, ability and willingness to buy a product or service.
Demand can be defined as the willingness and ability of consumers to purchase a given amount of a good or service at a given price. In other terms, demand for any commodity is the desire, ability and willingness to buy a product or service.