English, asked by nneha804621, 1 month ago

the product of price and quantity of goods purchased

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Answered by Ahmedali101

0

Answer:What Is Quantity Demanded?

Quantity demanded is a term used in economics to describe the total amount of a good or service that consumers demand over a given interval of time. It depends on the price of a good or service in a marketplace, regardless of whether that market is in equilibrium.

The relationship between the quantity demanded and the price is known as the demand curve, or simply the demand. The degree to which the quantity demanded changes with respect to price is called the elasticity of demand.

Explanation:

Answered by maidalabhargavi2008

2

Answer:

can you please type the question properly

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