---
title: Quantity Demanded
description: Quantity demanded is an economic measurement of demand for goods or services over a period of time.
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Quantity Demanded](https://www.realized1031.com/glossary/quantity-demanded)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jun 22, 2022 12:00:00 PM

Quantity demanded is an economic measurement of demand for goods or services over a period of time. The price of a product and demand for that product have an inverse relationship, according to the law of demand. As the price of a product decreases, its demand will increase and vice versa. There isn’t a 1:1 relationship between the increase/decrease in the price of a product and the increase/decrease in demand for that product. The change in price that affects demand is called elasticity of demand.

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