quantity demanded


The amount of goods which would be demanded at a particular price. If non-price factors that could influence demand are removed, then the higher the price of a good the lower the quantity of that good will be demanded. It is the inverse of the law of supply, and is directly related to the law of demand.
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
market clearing demand function