Difference between revisions of "Demand"
Jump to navigation
Jump to search
TimSvendsen (talk | contribs) (start page) |
(No difference)
|
Revision as of 05:00, February 10, 2007
The demand for a widget at a given price, is how many (or how much) of that widget people will want to buy at that price. If demand at a price excedes supply, there will be a shortage. If supply excedes demand there will be an oversupply.