The term quantity demanded
A) can refer to either an individual or all buyers in a market
B) only refers to all buyers in a specific market
C) only refers to individual buyers in a market
D) refers to how many units of a good a buyer would be willing and able to purchase at a series of prices
E) determines price when it intersects with the supply curve

Question

Quizplus · Accepted Answer

Quantity demanded can refer to the amount of a good that either an individual buyer or all buyers in a market are willing and able to purchase at a given price.

The Term Quantity Demanded