Studied by 0 people
Looks like no one added any tags here yet for you.
Define market
the network of buyers and sellers of a good or service
can be man buyers and seller or just 2 sellers and one buyer
Describe market quantity demand
is the quantity demanded at a given price is the sum of the quantities demanded by all individuals at that price
Describe market demand
influenced by the changed in the number of participants in the market
This is an example of market demand but it you add up you will find market quantity market demand
Note 
Flashcard (127)