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What is the difference between a change in demand and a change the quantity demanded? 

There is a distinction among demand and quantity demanded. Demand explains the behavior of buyers at every price. At a particular price, there is a particular quantity demanded. The term 'quantity demanded' makes sense only in relation to exacting price.  

 

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9574851

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