File:Supply-demand-equilibrium.svg · Wikimedia Commons · See Wikimedia Commons
AI overview
Demand is the amount of a good that people are willing and able to buy at different prices during a certain period—it's not just about wanting something, but having the money to actually purchase it. Understanding demand matters because it helps explain how prices and availability of products are determined in the marketplace.
AI-generated from the Wikipedia summary — may contain errors.
Wikidata facts
- Part of
- supply and demand
Show 4 more facts
- topic's main category
- Category:Demand
- opposite of
- supply
- equivalent class
- schema.org/Demand
- Commons category
- Demand
Sources (2)
via Wikidata · CC0