Demand Price

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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 ?
Demand prices, measured using the price homebuyers indicate they are willing to pay for a new home when searching on SmartNewHomes.
The average demand price is at its highest level ever, up annually for the first time in five months.