Demand Price

Demand Price

The price for a good or service as determined by how much potential buyers want the good or service at a given level of supply. As demand for the product rises (assuming a constant supply), so does the demand price. Likewise, the demand price falls as demand drops. One uses the demand curve to calculate the demand price.
References in periodicals archive ?
The average demand price is at its highest level ever, up annually for the first time in five months.
Demand prices, measured using the price homebuyers indicate they are willing to pay for a new home when searching on SmartNewHomes.