All of the following,except one,is demand.Which is the exception?
A)The quantities which consumers are willing and able to buy per period of time at various prices.
B)The relationship between various prices and quantities demanded for a product.
C)A hypothetical construct which expresses the desire and ability to purchase,not at a single price,but over a range of prices.
D)The quantities which consumers want to buy.

Question

Quizplus · Accepted Answer

While the other three statements describe aspects of demand, statement D describes consumer wants, which may not necessarily translate into actual purchases. Demand refers specifically to the quantities that consumers are willing and able to buy at various prices.

All of the Following,except One,is Demand