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Quantity demanded refers to the amount of a good or service that consumers are willing and able to purchase at a specific price during a given time period. It is influenced by factors such as price changes and consumer preferences. In contrast, quantity bought refers to the actual amount that consumers purchase, which can vary due to availability, market conditions, or individual purchasing decisions. Essentially, quantity demanded is a theoretical concept, while quantity bought reflects real market transactions.
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Where is the location on a graph where supply and demand intersect called?
This is the equilibrium price. Equilibrium price is when quantity demanded equals quantity supplied - i.e. it is the price where everything supplied will be bought, so the market will be cleared.
What is the difference between bought and buy?
The word "bought" refers to a purchase in the past tense, where the word "buy" refers to a purchase in the future tense.
What is quantity bought in economic?
It is something which has been purchased by the consumer.
Accurately explains the difference between the stock market and the bond market?
Equity is bought and sold in the stock market while debt is bought and sold in the bond market.
What goods would be likely to be bought in the same quantity even if it double in price?
Salt
Where is the location on a graph where supply and demand intersect called?
This is the equilibrium price. Equilibrium price is when quantity demanded equals quantity supplied - i.e. it is the price where everything supplied will be bought, so the market will be cleared.
What is the difference between a volume discount and a quantity discount?
A volume discount is what you get if you buy one - because the supplier bought 100,000 of them. A quantity discount is what you get if you buy in bulk: If you buy 1,000 of them, you get a better price than someone who buys 50 of them.
What is the difference between homemade root beer and store bought root beer?
your mom and my grandma. get the difference ;)
What exact difference between brought and borrowed?
bought you get to keep it and borrowed you have to give it back.
What is the difference between stock market and bond market?
Equity is bought and sold in the stock marketwhile debt is bought and sold in the bond market.
What is the difference between bought and buy?
The word "bought" refers to a purchase in the past tense, where the word "buy" refers to a purchase in the future tense.
What is the difference between returning and exchanging something?
the difference between reterning and exchanging is when you exchange you return for something else as in if i bought new shoes i would exchange them for yellow shoes. and reterning is as if i bought red shoes and they didn't fit so i return them.
What is quantity bought in economic?
It is something which has been purchased by the consumer.
What is the difference between the way US gained Alaska and Hawaii?
we overthrew the queen of Hawaii but we bought Alaska from the Russians.
Does the iPod have the same games as the iphone?
yes it does. there isn't any difference between how the games are bought or used either.
Accurately explains the difference between the stock market and the bond market?
Equity is bought and sold in the stock market while debt is bought and sold in the bond market.
What is the difference between brought and bought?
Brought means to bring something Bought means to buy something
