Question

_____ is the quantity of a good or service that people are willing to buy at various prices.

1) Demand
2) Supply
3) Market potential
4) Market share
5) Capacity

Answer 1

Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship.

Step-by-step explanation:

Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship.