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The quantity of a good or service that producers are able and willing to offer for sale at a specified price in a given period of time is quantity demanded. quantity sold. demand. supply.

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The quantity of a good or service that producers are able and willing to offer for
sale at a specified price in a given period of time is
quantity demanded.
quantity sold.
demand.
supply.

The quantity of a good or service that producers are able and willing to offer for sale at a specified price in a given period of time is quantity demanded. quantity sold. demand. supply.

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AmberElite · Tutor for 8 years

Answer

D. supply

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This question concerns fundamental economic principles. The quantity of a good or service that producers are able and willing to offer for sale at a specified price in a given period of time is known as 'supply'. 'Demand' refers to the quantity that consumers are willing and able to purchase, while 'quantity demanded' is the specific amount of a good consumers are willing to buy at a given price. 'Quantity sold' refers to the actual amount sold in the market, which can be influenced by both supply and demand factors.
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