Question

What is consumer demand

Answer 1

"Demand and supply go hand in hand. Supply is the amount of product available for consumers to purchase. Consumers, those who buy the products, want to pay the lowest price while the supplier attempts to maximize their profits. If the suppliers charge too much, they'll have too much supply and not enough demand to sell their products. If the suppliers charge too little, they'll run out of supply and not make enough profit to continue their business. The focus is to charge enough to make a profit, but not so much that you lose too much consumer interest. In the perfect scenario, you maximize on profit while still satisfying the consumers."-https://study.com/academy/lesson/what-is-consumer-demand-theory-examples.html

Answer 2

Answer:

A simple definition of consumer demand  is "the willingness and ability of consumers to purchase a number of goods and services in a given period of time, or at a given point in time" This means, the "pressure" that has the "consumer population" in the demand, where demand is the defined by the conception of "Offer and Demand"