demand
Nachfrage is a German noun that directly translates to 'demand' in English. It is used to express the desire or need for a certain product, service, or resource. In economic terms, Nachfrage is a crucial concept that determines the price and production of goods and services.
The demand for organic products is increasing.
This sentence is an example of using 'Nachfrage' to express demand in the market context, indicating an interest or desire of consumers for a particular good or product.
Due to low demand, the product was taken off the market.
In this phrase, 'Nachfrage' refers to the level of interest in a product or service from consumers. If the 'Nachfrage' is low, it means that few consumers are interested in buying the product or service.
Demand determines supply.
This sentence illustrates a fundamental principle of economics, where 'Nachfrage', or demand, is what drives producers to offer, or supply, a certain product or service.