Net demand is:
A)the difference between what consumer A demands and what everyone else demands.
B)the difference between what consumer A demands and what he owns.
C)the inverse of net supply.
D)the difference between what consumer A demands and what consumer B demands.

Question

Quizplus · Accepted Answer

Net demand is the difference between what a consumer demands and what he or she currently owns. Option A, D are incorrect as they compare one individual's demand to that of others, and option C is incorrect as there is no such term as inverse of net supply.

Net Demand Is