Economy, asked by adarshsoni14025, 6 months ago

1. what is the difference between demand and quantity demanded.

Answers

Answered by khuranaharipriya2008
0

Answer:

Quantity Demanded vs Demand

In economics, demand refers to the demand schedule i.e. the demand curve while the quantity demanded is a point on a single demand curve which corresponds to a specific price. It is important to distinguish between the two terms because they refer to totally different concepts.

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