DEMAND AND SUPPLY
DEMAND
Demand means the desirability of a product or service. And it must be willingness to purchase.
In other words,
Desirability of products
Willingness to purchase
SUPPLY
Supply means the desirability of a product in the market is called supply.
INTRODUCTION:
Demand and supply are two important aspects of economics. The quantity that people are wanted to buy is called demand. [...]