The quantity demanded of a good or service is the quantity that a consumer

Question

Quizplus · Accepted Answer

The quantity demanded of a good or service is the amount that a consumer is willing and able to buy at a given price during a particular time period. It is not necessarily the amount that a consumer should or needs to buy. Also, the quantity demanded may not always match the actual amount that the consumer ends up buying due to various factors such as changes in price or availability. Therefore, option B is the best choice as it defines the quantity demanded accurately.

The Quantity Demanded of a Good or Service Is the Quantity