Demand

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Demand is a relationship between price and the quantity demanded of a certain good or service.

Definitions

According to Principles of Economics by Timothy Taylor (3rd edition),

Demand. A relationship between price and the quantity demanded of a certain good or service.

According to the ITIL Foundation 4e by Axelos,

Demand. Input to the service value system based on opportunities and needs from internal and external stakeholders.

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