Economy, asked by kumar8285mail, 7 months ago

what is mean by quantity demanded

Answers

Answered by jiyapatel1207

Explanation:

Definition: Quantity demanded is the quantity of a commodity that people are willing to buy at a particular price at a particular point of time. Quantity supplied is the quantity of a commodity that producers are willing to sell at a particular price at a particular point of time.

Answered by nitut174

Answer:

Quantity demanded in economics is the amount of a particular good or service consumers demand and are driven to purchase based on the products price. Usually, quantities demanded are not the same at different price levels.

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