The _____ for a product indicate(s) the quantity of the product consumers are both willing and able to buy at each price during a given time period, other things constant.

Question

Quizplus · Accepted Answer

The definition given in the question refers to demand, which represents the consumer side of the market. The other options (scarce resources, unlimited wants, markets, and supply) do not accurately reflect this concept.

The _____ for a Product Indicate(s) the Quantity of the Product