Demand means the quantity of goods and services which consumers would buy in a market at a given time and price. In order to change desire into demand. it is essential that the consumers should have both willingness and ability to pay.
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What is meant by demand?
Demand means the quantity of goods and services which consumers would buy in a market at a given time and price. In order to change desire into demand. it is essential that the consumers should have both willingness and ability to pay.
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