The Demand for Potato Chips
Demand describes the consumer's willingness and desire to purchase a good or service at a specific time or over an extended period of time. Additionally, clients must be able to purchase the products they need or want based on their projected disposable income. Demand therefore influences market growth and economic development. Demand is just a customer's perception to purchase goods and services right away and to fork over the price tag that goes along with them. The quantity of goods that consumers are eager and willing to buy at various price points within a particular time frame is referred to as demand.
What is the demand?
Demand describes the consumer's willingness and desire to purchase a good or service at a specific time or over an extended period of time. Additionally, clients must be able to purchase the products they need or want based on their projected disposable income. Demand therefore influences market growth and economic development.