Which of the following refers to the various quantities of a commodity that the consumer is willing to buy at different possible prices of that commodity?

Supply

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Quantity supplied

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Demand

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Quantity demanded

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Solution

The correct option is C
Demand

The term demand refers to various quantities of a commodity that the consumer is willing to buy at different possible prices of that commodity. On the other hand, quantity demanded refers to a specific quantity to be purchased at a specific price of the commodity.

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Similar questions

Individual demand refers to the quantity of the commodity that a consumer is able and willing to buy at each possible price during a given period of time.

Q.
Quantity demanded is a specific amount of a commodity that the consumer is ready to buy against a specific price at a particular time.

Which of the following shows various quantities of a commodity offered for sale at different possible prices of that commodity?

Q. Demand is the quantity of a commodity that the consumer is able or willing to ____.

Per Unit Price of Commodity X (Rs.)	Quantity Demanded of Commodity X (Units)	Quantity Supplied of Commodity X (Units)
10	50	110
20	60	100
30	70	90
40	80	80
50	90	70
60	100	60
70	110	50

On the basis of the table, equilibrium quantity is attained at ________.

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Which of the following refers to the various quantities of a commodity that the consumer is willing to buy at different possible prices of that commodity?

The correct option is C Demand The term demand refers to various quantities of a commodity that the consumer is willing to buy at different possible prices of that commodity. On the other hand, quantity demanded refers to a specific quantity to be purchased at a specific price of the commodity.

The correct option is C
Demand

The term demand refers to various quantities of a commodity that the consumer is willing to buy at different possible prices of that commodity. On the other hand, quantity demanded refers to a specific quantity to be purchased at a specific price of the commodity.