The amount of a commodity that buyers in the market would like to purchase at a particular price is
A) equilibrium
B) quantity supplied
C) quantity produced
D) infinite
E) quantity demanded

Question

Quizplus · Accepted Answer

Quantity demanded refers to the amount of a commodity or good that buyers are willing to purchase at a particular price. It represents the demand curve in the market, which shows the relationship between the price of the product and the amount that buyers want to purchase.

The Amount of a Commodity That Buyers in the Market