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Economists make a distinction between changes in quantity demanded and in demand:

a. because the supply curve shifts whenever there is a change in demand.

b. because the demand curve shifts whenever there is a change in quantity demanded.

c. to distinguish a movement along a demand curve from a shift in demand.

d. to distinguish a supply shift from a shift in demand.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91236275

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