Economists Use the Term Quantity Demanded to Summarize

Multiple Choice

Economists use the term quantity demanded to summarize

A) the activities of profit-oriented businesses.
B) how the concept of scarcity applies to the world.
C) how changes in price influence the quantity we want to buy.
D) the behaviour of irrational consumers interacting with government in the marketplace.
E) how changes in factors other than price will influence the quantity we want to buy.