Meaning of Demand & Determinants of Demand | Demand - Part 1 | Class 11 | Micro Economics

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app bhagwan hoo sirr , itna clear concept kese samjhate hoo ??

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[@Mahisaxena2003]

Demand is the total quantity of a commodity that a consumer is having willingness and has power to purchase on the prevailing prices during a certain period of time . A desire can get refer to as a demand if a customer is having ability to purchase or having purchasing power attached with the willingness for specific good. There is an inverse relationship between the prices and quantity demanded of a commodity that’s why the demand curve will be downward sloping line . As the price of a commodity will gets increased the demand of such commodity will going to get decreased and vice-Versa. There are certain factors that will be affecting the demand for a product that are as follows:- 1. Price of the given goods If the price of a commodity will gets increased then the quantity demanded for such prouduct will gets decreased and vice Versa.

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Clear 🙂

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To every one who wants the next part of this chapter and other chapters they can check out class 11 2022-23 playlist sir is uploading same previous year videos . Thank me later❤

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3:13

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24:23

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24.23 pa tha sir voh pause

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24:0

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24 minutes

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Right

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