What is Demand

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  • "Hey Bob do you need something?"
  • "Hey Janice?"
  • "That is a good question!"
  • "What is demand?"
  • "So it is kinda like how we keep lowering our prices because so many people want the new book bag."
  • "Well demand refers to how many people want a product. Also when the supply goes up the price goes down."
  • "Our factory is overworked because the demand is so high."
  • "Wow there is even bags on the ground!"
  • "Now do you understand what demand is?"
  • "Thank You Janice for helping me understand but now we need a solution so the factory is not overworked."
  • "Sir, I think we need to up our price a little bit because the factory is exploding with bags!"
  • "I know I just don't think people will buy them anymore is the problem."
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