Economics

Define and Discuss on Demand

Define and Discuss on Demand

Principle objective of this article is to Define and Discuss on Demand. Here explain Demand in economic point of view. In most market, there are both buyers and sellers. The buyers’ willingness to get a particular good is called the buyers’ demand for the good. The sellers’ willingness to offer a particular good is called the sellers’ supply of these good. The buyers’ demand is represented by way of a demand schedule, which lists the quantities of your good that buyers are going to purchase at different rates or prices.