In economics, "demand" refers to
A) what people need instead of want without paying for it.
B) the minimum amount of a good people need to survive.
C) the satisfaction a good will provide a person.
D) how much of a good people will buy at any price during a given time period.

Question

Quizplus · Accepted Answer

Demand refers to the quantity of a good or service that consumers are willing and able to buy at a given price during a specific time period. It is important to note that demand is not just about what people want or need, but also takes into account their ability to pay for it.

In Economics, "Demand" Refers to