BEGINNER

Demand

 The amount of a good or service that people are both willing and able to buy. Demand curve measures the relationship between the price of a good and the amount of it demanded. As the price of a good or service rises, fewer people are willing or able to buy it.

 

Anthony Carilli - The Economic Way of Thinking

 

Anthony Carilli - Praxeology, Supply, and Demand

Related Publications

MULTIMEDIA

Praxeology, Supply and Demand

JULY 13, 2010

MULTIMEDIA

On Supply and Demand

MARCH 15, 2010

Related Freeman Articles

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The Law of Demand

NOVEMBER 05, 2012 by ART CARDEN

Ignoring the law of demand often has perverse consequences. Art Carden has a few examples.

THE CALLING

Supply Depends on the Demand for (Often Unseen) Alternatives

Another path from here to there.

AUGUST 12, 2010 by STEVEN HORWITZ

It's important to understand that supply is just the flip side of demand and often gives us an alternative way to change the incentives people face.

ARTICLE

Demand and Supply

The Market Process Directs People to Accommodate One Another

OCTOBER 01, 1998 by DWIGHT R. LEE

Related Multimedia

MULTIMEDIA - AUDIO

Praxeology, Supply and Demand

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MULTIMEDIA - VIDEO

On Supply and Demand

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Praxeology

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