English

Define market demand.

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Question

Define market demand.

Definition
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Solution

Market demand refers to the total quantity of the commodity that all the individual households in the market are willing to buy at different prices in a given period of time.

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Chapter 1: Elementary Theory of Demand - QUESTION BANK [Page 27]

APPEARS IN

Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTION BANK | Q 3. | Page 27
Frank Economics [English] Class 12 ISC
Chapter 2 Demand and Law of Demand
TEST YOURSELF QUESTIONS | Q 2. (c) | Page 28
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