Definition of Demand
Definition of Demand Demand is defined as a quantity of goods or service which a consumer is willing and able to buy at a particular price and at a particular period of time. There are some certain terms to note in this definition such as; 1. Quantity of goods or service. 2. By a consumer. 3. Willingness and Ability. 4. A given price and; 5. A given period of time. For better understanding of the listed term...