The amount of a particular good that sellers in a market will sell at a given price during a specified period is called:
A) quantity demanded.
B) quantity supplied.
C) demand.
D) supply.

Question

Quizplus · Accepted Answer

Quantity supplied refers to the amount of a particular good that sellers in a market will sell at a given price during a specified period. Quantity demanded refers to the amount of a good that buyers are willing and able to purchase at a given price. Demand refers to the relationship between price and quantity demanded in a market, while supply refers to the relationship between price and quantity supplied in a market.

The Amount of a Particular Good That Sellers in a Market