The term "quantity demanded" refers to the
A) total amount of a good that is actually purchased during a given period of time.
B) total amount of a good that people wish to buy, regardless of price.
C) total amount of a good that purchasers wish to purchase at a given price during a given period of time.
D) product of advertising, and is unrelated to price.
E) entire relationship between desired purchases and possible prices.
Answer: C) total amount of a good that purchasers wish to purchase at a given price during a given period of time.
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