The total demand for a product or service in the market as a whole. Market demand is calculated to determine at what level to set production output for a good or service, and to help to determine optimal pricing levels to maximize sales revenues.
Related information about market demand:
- Economics: Individual Demand, Market Demand
The consumer equilibrium condition determines the quantity of each good the individual consumer will demand. As the example above illustrates, the individual .
- What is market demand? definition and meaning
Definition of market demand: The aggregate of the demands of all potential customers (market participants) for a specific product over a specific period in a ...
- What Is Market Demand?
Market demand is the total amount of purchases of a product within a specified demographic. Assessing market demand is crucial for...
- Supply and demand - Wikipedia, the free encyclopedia
Like with supply curves, economists distinguish between the demand curve of an individual and the market demand curve. The market demand curve is ...
- Market demand schedule - Wikipedia, the free encyclopedia
In economics, a market demand schedule is a table that lists the quantity of a good all consumers in a market will buy at every different price. A market demand ...
- Market demand - AmosWEB
The combined demand of everyone willing and able to buy a good in a market. Market demand is one half of the market. The other is market supply.
- Market Demand: Definition from Answers.com
market demand Total amount of consumer purchases of a particular product in a specific market over a specific period of.
- Q&A - What is market demand?
May 1, 2009 ... Demand is the quantity of a good or service that consumers and businesses are willing and able to buy at a given price in a given time period.