Difference between revisions of "Demand"
(Created page with "Demand is a relationship between price and the quantity demanded of a certain good or service. ==Definition== According to Principles of Economics by Timothy Taylor (3r...") |
(→Definition) |
||
| Line 1: | Line 1: | ||
[[Demand]] is a relationship between price and the quantity demanded of a certain good or service. | [[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)]], | 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. | :[[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. | ||
| − | + | [[Category: Information Technology]][[Category: Economics]][[Category: Articles]] | |
| − | [[Category: Economics]][[Category: Articles]] | ||
Latest revision as of 16:08, 11 December 2020
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.
