This Independence day, we get our fashion gurus to elucidate on how khadi-a metaphor of patriotism, continues to be the glam garb.his Independence day, we get our fashion gurus to elucidate on how khadi-a metaphor of patriotism, continues to be the glam garb.
â¢ Demand refers to the quantity of a commodity that people are willing to buy at a given price. â¢ Supply refers to the quantity that manufacturers are willing to produce at a given price. â¢ The price of a commodity is a result of pulls and pushes exerted by demand and supply in an economy. Related posts: 1  Difference Between Macroeconomics and Microeconomics.
The demand and supply curves are graphical representations of the law of demand and law of supply and demonstrate how quantity supplied and demanded change with changes in price. The following article provides an overview of supply and demand in general and explains the differences between demand and supply curves. Demand Curve Demand is defined as the desire to purchase goods and services backed by the ability and willingness to pay a price.