Economy, asked by aabhaagrawal07, 8 months ago

explain the distinction between change in demand and change in quantity demanded

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Answered by molly2001

A change in demand means that the entire demand curve shifts either left or right. A change in quantity demanded refers to a movement along the demand curve, which is caused only by a chance in price. ... In this case, the demand curve doesn't move; rather, we move along the existing demand curve.

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