Quantity demanded:
A) shows how much buyers are willing and able to buy at different prices.
B) is the amount that buyers are willing and able to buy at a particular price.
C) shows how much sellers are willing and able to sell at different prices.
D) is the amount that sellers are willing and able to sell at a particular price.

Question

Quizplus · Accepted Answer

Quantity demanded refers to the amount of a good or service that buyers are willing and able to purchase at a specific price, while quantity supplied refers to the amount of the good or service that sellers are willing and able to supply at a given price. Therefore, answer choice B is correct.

Quantity Demanded