demand increase JUST WRITTEN FOR YOU
/dɪˈmænd ɪnˈkriːz/ · dem·and in·crease
noun
- A rise in the level of requests or requirements for a product, service, or resource. The company experienced a significant demand increase after launching a new marketing campaign.
verb
- To require or request more of something, often in a situation where there is already a shortage or limitation. The manager demanded an increase in production to meet the growing demand.
Did you know? The concept of demand increase is a fundamental principle in economics, where it can lead to changes in market prices and availability of goods and services.