can we use demand and quantity demanded interchangeably???? URGENTLY plzzzzz reply fast.....
Answers
Answered by
0
Yes, you can use demand and quantity demanded interchangeably...
ossam:
will u plz explain the reason also??
Answered by
0
No, you can't because both the terms in Economics have different meanings. If someone says change in demand then there will be change in demand due to factors other than the price but change in quantity demanded is said when demand changes of a commodity due to price only and other factors remain constant. Hence you cannot use them interchangeably.
Similar questions
Computer Science,
7 months ago
Math,
7 months ago
Computer Science,
1 year ago
Computer Science,
1 year ago
Biology,
1 year ago
Hindi,
1 year ago