distinguish between increase in demand and increase in quantity demanded. use diagrams.
Answers
Answered by
2
Quantity Demanded represents an exact quantity (how much) of a good or service is demanded by consumers at a particular price. Demand refers to the graphing of all the quantities that can be purchased at different prices. On the contrary, quantity demanded, is the actual amount of goods desired at a certain price.
hope it helps u......................
Similar questions