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Quantity of products that people are willing to buy at different prices at a specific time?
Wiki User
∙ 13y ago
Demand
Wiki User
∙ 13y ago
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When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal this is known as?
Supply & demand
What is the supply and demand for Pizza Hut?
Supply is the quantity of pizza and other products that are offered by all the whole chain of pizza hut for sale. Demand is the amount of pizza and other products that the consumers are willing to buy at the ongoing prices.
What is the Aggregate supply curve and its axis?
The aggregate supply curve show the relationship between price level and the quantity of goods and services that producers are willing to produce when their goods are at a certain price. On the x-axis is RGDP (representing quantity of goods that suppliers are willing to produce in terms of the value of the products adjusted for inflation). On the Y-axis is price level.
What is Production rate and demand?
Production rate means that the rate at which production is carried. While demand is a quantity which a consumer is willing to buy at a specific price in a given period of time.
Define supply and supply schedule?
It is a table that lists of the amount of a product that producers are willing to produce at various market prices. It shows the relationship between price and quantity supplied for a specific good.
When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal this is known as?
Supply & demand
What is the supply and demand for Pizza Hut?
Supply is the quantity of pizza and other products that are offered by all the whole chain of pizza hut for sale. Demand is the amount of pizza and other products that the consumers are willing to buy at the ongoing prices.
What is the Aggregate supply curve and its axis?
The aggregate supply curve show the relationship between price level and the quantity of goods and services that producers are willing to produce when their goods are at a certain price. On the x-axis is RGDP (representing quantity of goods that suppliers are willing to produce in terms of the value of the products adjusted for inflation). On the Y-axis is price level.
What is Production rate and demand?
Production rate means that the rate at which production is carried. While demand is a quantity which a consumer is willing to buy at a specific price in a given period of time.
What is the definition of demand?
Demand refers to the quantity of a good or service that consumers are willing and able to purchase at various prices during a specific period. It reflects the relationship between price and quantity demanded, often following the law of demand which states that as price decreases, quantity demanded increases, and vice versa.
Define supply and supply schedule?
It is a table that lists of the amount of a product that producers are willing to produce at various market prices. It shows the relationship between price and quantity supplied for a specific good.
What quantity of goods or service that buyers are willing to purchase at various prices?
supply
What is demand and quantity of demand?
Demand is a function that defines how much of a certain good are the consumers willing to purchase at a given price.Quantity of demand is the quantity of a certain good the consumers are willing to purchase at a given price, as defined by the function of demand.
The amount a supplier is willing and able to supply at a certain price?
quantity supplied: amount a supplier is willing and able to supply at a certain price
What refers to the quantity of goods or services that buyers are willing to purchase at various prices?
Demand
Which of these refers to the quantity of goods or services that buyers are willing to purchase at various prices?
demand
Supply and quantity supplied?
Supply means ,A fundamental economic concept that describes the total amount of a specific good or service that is available to consumers. Quantity supplied is a change in price along the supply curvereffers to the ammount of goods and services producers are able and willing to put on the market for sale at a given price in a given period of timeQuantity Supplied : The ammount of goods producers are willing to put on the market at a given price
