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Which of the following defines the quantity demanded?

a. The quantity of a good or service that a consumer is willing and able to purchase at a given price.

b. A curve that shows the relationship between the price of a product and the quantity of the product demanded.

c. A table showing the relationship between the price of a product and the quantity of the product demanded.

d. The demand for a product by all the consumers in a given geographical area.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91275029

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