Demand: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Make definition 1 refer to buyers collectively, not just one buyer.) |
imported>Doug Williamson m (Spacing.) |
||
| Line 1: | Line 1: | ||
1. ''Economics''. | 1. ''Economics''. | ||
The quantity of a particular good or service that buyers want - and are able to purchase - at any given market price. | The quantity of a particular good or service that buyers want - and are able to purchase - at any given market price. | ||
2. ''Banking''. | 2. ''Banking''. | ||
Refers to deposits or loans which can be withdrawn 'on demand' without giving notice. | Refers to deposits or loans which can be withdrawn 'on demand' without giving notice. | ||
Revision as of 15:19, 6 September 2014
1. Economics.
The quantity of a particular good or service that buyers want - and are able to purchase - at any given market price.
2. Banking.
Refers to deposits or loans which can be withdrawn 'on demand' without giving notice.
