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.
A: Supply and demand expresses a relationship between what producers supply and what consumers demand in economics. Aggregate supply and demand is the total supply and total demand in an economy at a particular period of time and particular price threshold. A curve is used to graph the aggregate supply and aggregate demand. These curves illustrate the relationships among price points, time, supply, and demand levels.