Which concept represents the quantity of a good or service that people are willing to buy at various prices?
A) demand
B) market potential
C) supply
D) market share

Question

Quizplus · Accepted Answer

Demand represents the quantity of a good or service that people are willing to buy at various prices. Market potential refers to the total demand for a product in a given market, supply refers to the amount of a product that is available for sale, and market share is a company's portion of total sales within a particular market.

Which Concept Represents the Quantity of a Good or Service