demand
DefinitionThe amount of a particular economic good or service that a consumer or group of consumers will want to purchase at a given price. The demand curve is usually downward sloping, since consumers will want to buy more as price decreases. Demand for a good or service is determined by many different factors other than price, such as the price of substitute goods and complementary goods. In extreme cases, demand may be completely unrelated to price, or nearly infinite at a given price. Along with supply, demand is one of the two key determinants of the market price.
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demand is ...
... part of the Economy subject.
... part of the Economy subject.
... #86 on our list of the most popular terms.
Related Terms
aggregate demand curve, acceleration clause, bid-to-cover ratio, buyer's market, call, callable loan, call loan, Capital Asset Pricing Model, CAPM, check and
demand appears in these other terms
demand rights, demand schedule, aggregate demand, demand deposit, demand elasticity, on demand, demand loan
demand appears in the definitions of these other terms on BusinessDictionary.com
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