Change in demand vs. change in quantity demanded
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Asked by:
Samuel Torimiro | April 7, 2023, 2:54 p.m.
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A change in quantity demanded refers to a movement along a fixed demand curve -- that's caused by a change in price WHILE A change in demand refers to a shift in the demand curve -- that's caused by one of the shifters: income, preferences, changes in the price of related goods and so on.
Answered by:
Adetipe Toluwalope Adeleke | 1 year, 3 months ago
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