The desire to eat a Philly cheesesteak, whether or not you are in the position to buy one, is an example of a demand.

Question

Quizplus · Accepted Answer

The desire to eat a Philly cheesesteak without the ability or willingness to purchase it does not constitute demand in economic terms. Demand specifically refers to a consumer's desire to purchase goods and services at given prices, backed by the ability and willingness to pay.

The Desire to Eat a Philly Cheesesteak, Whether or Not