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Meaning of demand destruction | Babel Free

Noun CEFR B2

Definitions

A permanent or sustained decline in the demand for a good in response to persistent high prices or limited supply.

countable, uncountable

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

demand draft demand letter demand note demand paging demand partner demand side