What is the amount of the good buyers are willing and able to purchase?

Question

Quizplus · Accepted Answer

Quantity demanded refers to the actual quantity of a good or service that buyers are willing and able to purchase at a given price. This is different from demand, which refers to the entire relationship between the price of a good and the quantity demanded over a range of prices. Quantity supplied (B) refers to the actual quantity of a good or service that sellers are willing and able to sell at a given price, while supply (D) refers to the entire relationship between the price of a good and the quantity supplied over a range of prices.

What Is the Amount of the Good Buyers Are Willing