Market demand is the:
A) Sum of all individual demands for a product in a given time period.
B) Sum of all individual supply preferences.
C) Same thing as an individual's demand.
D) Satisfaction from consuming an additional unit of a gooD.

Question

Quizplus · Accepted Answer

Market demand refers to the total demand for a product or service from all consumers in a given market. It is calculated by adding up the individual demands of all buyers in that market over a specific period of time.

Market Demand Is The