Economic:Demand;-


Generally demand means desires for prossessing goods and services .however,all sorts of desire
aren't demand in economics.Three thinks are required to make a demand for anythings:-
Desire,Ability to pay,willingness to pay.


If anyone desire to posses any goods or service but is n't able to pay for the goods such wants cann't be the demand.Similarly if she|he has the ability to pay but has no willingness to pay ,again the wants can't be the demand.

According to G.C.pandey:-Demand refers to the amount of a commodity or service which will be bought aaaat any given price per units of time.

According to M.H.spencer:- Demand is the quality that will be purchased of particular commodity at various prices .At a group time and place.

According to bober says :-by demand we means the various quantities of a given commodity or service which consumer would buy in one market in a given period of time at various price or at various income or at various prices of related goods.

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