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distinguish between individual demand and market demand
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distinguish between individual demand and market demand
Market demand provides the total quantity demanded by all consumers. In other words, it represents the aggregate of all individual demands. ... If market demand is low, it signals to a company that they should terminate a product or service, or restructure it so that it is more appealing to consumers.
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distinguish between individual demand and market demand
Market demand means it's a aggregate(macro) market where many sellers ND consumers get together.. ND individual(micro) demand means where only one consumer n seller is there to buy ND sell
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distinguish between individual demand and market demand
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