Demand

Question 1

What is Demand? this one

Answer 1

Demand is a desire backed by the ability to pay. Otherwise it is a want.

Question 2

What is the definition of Demand? this one

this one .

Answer 2

Demand is the quantity of a good or service that consumers are both willing and able to buy at given price over a period of time.

Question 3

What is the Definition of Ceteris Paribus this one

Answer 3

All other factors a part from one stay the the same.

Question 4

What is willing and able mean?

Answer 4

Willing is you want to have it and able - you have the money to purchase it.

Question 5

What is demand curve?

this one

Answer 5

A graph showing the quantity of good or service that consumers are both willing and able to buy at any given price over a certain period of time.

Question 6

What is the definition of a demand schedule?

this one

Answer 6

A table that sets out the quantity of a good or service that a consumer is willing and able to buy at a range of prices over a given time frame.