2007-03-18 06:43:38 · 3 answers · asked by Suki 2 in Social Science ➔ Economics
I am sure you are looking for an economics definition.
The amount of a good or service that consumers plan to buy during a given time period at a particular price.
What it means is 1) at a given price and 2) at the current set of circumstances, consumers will purchase a certain amount of product. Change either and the quantity demanded will change.
2007-03-18 06:55:29 · answer #1 · answered by JuanB 7 · 1⤊ 0⤋
Quantity demanded is the maximum quantity that buyers are willing and able to buy at a given price. The primary influence on quantity demanded is the demand price. The quantity demanded is generally less if the demand price is higher and more if the demand price is lower.
2007-03-19 23:55:02 · answer #2 · answered by Anonymous · 1⤊ 0⤋
It means the amount requested or ordered.
2007-03-18 06:49:38 · answer #3 · answered by hanalulu2☺♥☻ 4 · 0⤊ 0⤋