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In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given time. [1][2] In economics "demand" for a commodity is not the same. demand, claim, require, exact mean to ask or call for something as due or as necessary. demand implies peremptoriness and insistence and often the right to make requests that are to be regarded. May 10, 2025 · Demand is a consumer's willingness to buy something, and demand is generally related to the price that consumer would have to pay. Generally speaking, demand increases when prices. Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price. Demand is based on needs and wants—a consumer may be. Sep 14, 2022 · Demand in economics is the quantity of goods and services bought at various prices during a period of time. It's the key driver of economic growth.

DEMAND definition: to ask for with proper authority; claim as a right. See examples of demand used in a sentence. DEMAND definition: 1. to ask for something forcefully, in a way that shows that you do not expect to be refused: 2.. Learn more. 1. When presented for payment: a note payable on demand. 2. When needed or asked for: fed the baby on demand. Demand : What is meant by Demand? Learn about Demand in detail, including its explanation, and significance in Economy on The Economic Times.