Economics Help!!!!

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anonymous

2009-02-09 10:47 pm

What is the difference between demand and the quantity of demand????

回答 (1)

Siu Ming

2009-02-19 10:45 pm

✔ 最佳答案

DEMAND means the actual demand curve.

QUANTITY DEMANDED refers to movement along the DEMAND curve.

Basically, when price changes in a market, there is a change in quantity demanded.

If anything else changes besides price (like income, prices of substitutes, complements, preferences, etc.) then the DEMAND CURVE shifts.

http://answers.yahoo.com/question/index?qid=20060923095027AAGwioy

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