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Question
What Do You Understand By Desire, Want And Demand?
What Do You Understand By Desire, Want And Demand?
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Solution
Desire refers to the ambition or aspiration of a person.
Want is a strong feeling, craving or demand of a person to possess some things.
Demand refers to the claim, interest, order or ability to purchase that commodity at a given price.
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Desire refers to the ambition or aspiration of a person.
Want is a strong feeling, craving or demand of a person to possess some things.
Demand refers to the claim, interest, order or ability to purchase that commodity at a given price.
Explore more such questions and answers at BYJU’S.
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