Quantity Demanded

question 135

Multiple Choice

Quantity demanded:

• A) shows how much buyers are willing and able to buy at different prices.
• B) is the amount that buyers are willing and able to buy at a particular price.
• C) shows how much sellers are willing and able to sell at different prices.
• D) is the amount that sellers are willing and able to sell at a particular price.

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Definitions:

Note Receivable

A written promise that a specified amount of money, plus potentially interest, will be paid by one party to another by a specific date.

Maker

In finance, the party that creates or issues a financial instrument, such as a check.

Principal

The original sum of money borrowed in a loan, or the original amount invested, excluding any interest or dividends.

Accounts Receivable

Money owed to a business by its clients for goods or services delivered but for which payment has not yet been received.