Write the difference between change the demand and change in quantity demand
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THE DIFFERENCE BETWEEN CHANGE IN DEMAND AND CHANGE IN QUANTITY DEMANDED.
CHANGE IN DEMAND.
There is a change in demand if the the demand curve shifts to an entirely new position. A change in demand is determined by the factors affecting demand, other than price of the commodity. If there is an increase in demand, the demand curve will shift to the right while the demand curve will shift to the left if there is a decrease in demand still at the old price.
CHANGE IN QUANTITY DEMANDED.
When there is a change in the quantity demanded, the demand curve does not shift. There is a movement along a particular demand curve. The main determinant of a change in the quantity of a commodity demanded is the price of the commodity itself.
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THE DIFFERENCE BETWEEN CHANGE IN DEMAND AND CHANGE IN QUANTITY DEMANDED.
CHANGE IN DEMAND.
There is a change in demand if the the demand curve shifts to an entirely new position. A change in demand is determined by the factors affecting demand, other than price of the commodity. If there is an increase in demand, the demand curve will shift to the right while the demand curve will shift to the left if there is a decrease in demand still at the old price.
CHANGE IN QUANTITY DEMANDED.
When there is a change in the quantity demanded, the demand curve does not shift. There is a movement along a particular demand curve. The main determinant of a change in the quantity of a commodity demanded is the price of the commodity itself.
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