Economy, asked by 737, 11 months ago

What is a change in quantity demanded?

Answers

Answered by sssrohit005p4c0ey
1

Answer:

: It is a change along a demand curve. The change is due to a change in price and quantity of a commodity. The two types of change in quantity demand are Extension in demand and Contraction in demand.

Answered by swati4678
6

Answer:

  • A change in quantity demanded is a change in the specific quantity of a good that buyers are willing and able to buy. This change in quantity demanded is caused by a change in the demand price. It is illustrated by a movement along a given demand curve.

Explanation:

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