Quantity demanded is a term used in economics to describe the total amount of a good or service that consumers demand over a given interval of time. It depends on the price of a good or service in a marketplace, regardless of whether that market is in equilibrium.
Quantity demanded is the quantity of a commodity that people are willing to buy at a particular price at a particular point of time. ... When all the prices, along with quantity demanded, are drawn on a graph, the demand curve is formed.
