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What is Demand in Economics

 What is demand? Source The the picture shows some people having some people having coffee. Because it is their demand Economists use the term  demand  to  refer to the amount of some good or service consumers are willing and able to  purchase at each price. Demand is based on needs and wants—a consumer may be  able to differentiate between a need and a want, but from an economist’s  perspective, they are the same thing. Demand is also based on the ability to  pay. If you can’t pay for it, you have no effective demand.  What a buyer pays for a unit of the specific good or  service is called the  price . The Quantity of Demand  The total number of units purchased at that price  is called the  quantity  demanded . if a product of price  increase, the quantity demand decrease. Conversely, a fall in price. will  increase the quantity demanded. for example, people look for ways to reduce  their consump...

Rooh Afza is a refreshing and delicious drink

  A goodquality Syrup not only quenching the thirst but also refreshing body and soul to provide ultimate satisfaction to all consumers, enhancing their confidence.                             Source       Rooh Afza is synonymous with Hamdard which has become our identity. None can compare with the unique quality and taste of RoohAfza . It is perceived as the legendary syrup of The East. Syrups were the traditional symbol of the subcontinent, which were produced at homes and were commonly used daily and on different occasions. So the implied need of customers was there to conveniently have a quality flavored syrup.    It all started at the beginning of the 20th century when Hakim Hafiz Abdul Majeed in 1907 took this opportunity and pioneered a way of preserving the goodness of herbs and fruits in a manner that kept the taste and tradition of the masses. Rooh Afza was widely ...

Xiaomi Smart Watch

  After a long wait for the Xiaomi, Mi Watch is now rolling out across the world and is a serious contender in the budget smartwatch market. Despite dominating the budget fitness tracker world for years, Xiaomi has been slow to get a smartwatch out in Western markets. But now it has two: the Mi Watch and  Mi Watch Lite . You can read our  Xiaomi Mi Watch vs Mi Watch Lite comparison . Unlike the Chinese version that was announced more than a year ago with a square look, this Mi Watch is round, classy, boasting beefy specs, and a gorgeous screen. Best affordable smartwatches Best smartwatch 2021                                                                      There's a heavy emphasis on sports and health tracking with plenty of tracking modes, built-in GPS, a swim-proof design a...

The Xiaomi Amazfit GTS 2e smartwatch

  The Xiaomi Amazfit GTS 2e smartwatch will become not only your favorite health-monitoring gadget but also a great addition to any look. The watch will become an indispensable attribute in sports, as it has built-in 90 sports modes, including swimming. Swimming is possible thanks to the built-in moisture protection, which keeps the gadget correct operation after direct contact with freshwater. Moreover, this smartwatch can track your sleep, detect stress and provide an overall health assessment. All data can be viewed in the Zepp app content source information source