What is the term for the total demand for a product by all consumers?
A)Schedule of wants.
B)Market Supply.
C)Product market.
D)Quota.
E)Market Demand.

Name: What is the term for the total demand for a product by all consumers? A)Schedule of wants. B)Market Supply. C)Product market. D)Quota. E)Market Demand.
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Question

Quizplus · Accepted Answer

The term for the total demand for a product by all consumers is known as market demand. This represents the sum of all individual demands for a particular product or service in a given market.

What Is the Term for the Total Demand for a Product