Demand refers to
A) how much of a good people are willing and able to buy at a particular price.
B) the different quantities of a good people are willing and able to buy at different prices.
C) the different quantities of a good people are willing and able to buy at a particular price.
D) how much of a good people are willing to buy at different prices.
E) none of the above

Question

Quizplus · Accepted Answer

Demand refers to the different quantities of a good that people are willing and able to buy at different prices, which is a definition that encompasses the concept of demand curve, illustrating how quantity demanded varies with price.

Demand Refers to