Defintion of Quntity demanded
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Quantity demanded refers to the aggregate value of the goods or services demanded by consumers in a stated period of time. The quantity demanded depends on the price of goods or services in the market. In economic terms, the price of the goods or services bears an inverse relationship with the quantity demanded.
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Quantity demanded refers to the aggregate value of the goods or services demanded by consumers in a stated period of time. The quantity demanded depends on the price of goods or services in the market.
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