Market demand is
A) the total quantities demanded of all consumers of a particular item at given prices.
B) a movement along the demand curve in response to the market.
C) total equilibrium demand for the market.
D) the demand for and supply of a good or service.

Question

Quizplus · Accepted Answer

Market demand refers to the total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices during a specific period. It represents the sum of all individual demands for a product or service.

Market Demand Is