What is the difference between demand and quantity demanded?

Q: The law which states the positive relationships between price and quantity supplied is known as…

A: Price and quantity supplied have a direct link between then. This means if price rise then the…

Q: What does the law of demand predicts, other things being equal

A: Law of demand was given by Alfred Marshall.

Q: what are the determinants of demand for a product

A: Demand is the quantity of a good or service that people purchase at different prices during a given…

Q: What term accurately describes demand when the quantity demanded is very

A: Price elasticity of demand refers to level of change in the demand for a good when the price of that…

Q: What is the demand schedule?

A: Demand for a god refers to the quantity demanded of a good at a different price level.

Q: Explain the two types of demand.

A: Demand refers to consumer's desire and willingness to pay for certain goods and services.

Q: effective demand

A: Demand shows the relationship between the price and quantity demanded of a commodity at a particular…

Q: What are the foundation of law of demand? Explain it.

A: The law of demand asserts an inverse relationship between the quantity demanded and the price of a…

Q: What is demand? (

A: Demand is a powerful economic factor because it drives businesses to produce, develop supplies, and…

Q: explain in a simple way, what is demand?

A: Demand is an economic term that means a consumer's willingness to purchase goods and services and…

Q: What is the difference between the demand and quantity demanded of a product, say milk? Explain in…

A: Meaning of Demand: Demand for a commodity refers to the desire to buy a commodity backed with…

Q: What is the difference between a "change in supply" and a "change in quantity supplied?"  Graph your…

A: There is a change in supply when there is a change in any factor other than price of the product. It…

Q: Explain the law of demand ??

A: Demand: Demand for a commodity is the desire to consume a commodity-backed by a willingness to spend…

Q: What is the difference between a "change in demand" and a "change in quantity demanded?"  Graph your…

A: A change in demand is the change in the consumer's want to purchase a good due to change in any…

Q: Difference between expansion of demand an increase in demand?

A: Expansion of demand and an increase in demand are two different concepts.

Q: Ashortage is when there is more demand than there is supply. You can find it by subtracting the…

A: Market Equilibrium when the market  demand is equal to the market supply. In the table, quantity…

Q: What is Demand. List all the types of demands and explain them.

A: Demand and supply refers to two of the most important concepts of economics. Businesses plan their…

Q: According to the graph above, what is the quantity demanded at $80?

A: Quantity demanded is 60

Q: What is the major difference between change in demand and change in quantity demanded

A: The term "Demand" indicate the need or want of a good or service. Demand created supply and thus the…

Q: What would cause a decrease in quantity supplied?

A: The change in qty supplied is caused onle due to change in prices of that goods ie. Law of supply is…

Q: What is the law of demand? List the six determinants of demand

A: Demand refers to the ability and willingness of a person to buy a product. Demand shows the level of…

Q: What is the Law of Diminishing Demand? Provide one example.

A: Demand is the quantity of good that the consumer is willing to buy at a given price and in a given…

Q: Explain graphically the difference between a change in quantity demanded and a shift in demand. What…

A: Change in quantity demanded means there is an increase or decrease in the quantity demanded because…

Q: What is meant by demand? Differentiate between the change in demand and quantity in demand. Also…

A: In economics, {demand} DD and supply depict the association between the quantity of a good that…

Q: when comparing supply and demand how do you find equilibrium price?

A: To determine the equilibrium price after comparing demand and supply curve.

Q: What is the difference between a change in demand and a change in quantity demanded?

A: "Demand curve for a product indicates the negative relationship between price and quantity demanded…

Q: What are the factors that influence the price elasticity of Demand?

A: Elasticity is a measure of how responsive a variable is to a change in another economic variable.…

Q: Explain The Nature of Demand?

A: Demand — how much a goods or administration that a customer is willing and ready to purchase at…

Q: What is the difference between a change in demand and a change in quantity demanded? Explain.

A: The demand is the willingness of the consumer for consuming some goods and services. The demand…

Q: What would cause an increase in quantity demanded?

A: The Change in qty  demanded is caused only due to change in prices of that goods. It will cause the…

Q: What components will cause a Shift in the Demand curve?

A: A demand curve undergoes a shift due to following factors: a) Income of buyers: If the income of…

Q: Define demand and quantity demanded

A: "Price is the payment that is made for a good or service." "Willingness to pay is the maximum price…

Q: What is the difference between Movement along Demand Curve and Shift in Demand Curve?

A: The demand curve is the graph that illustrates the relationship between the price of the commodity…

Q: A report announces that people who golf at least three hours a day live longer. Soon after, demand…

A: In a market, two or more goods are related to each other when the change in price, demand or supply…

Q: Define law of demand?

A: The Law of demand explains the negative relationship between the price of a good and its quantity…

Q: what is a quantity demanded? taking example

A: Quantity demanded is the total number of a good or service that is demanded by the consumers over a…

Q: is a change in price lead to a movement along the supply/demand curve? is a change in price lead to…

A: According to the law of demand when there is an increase in price, the quantity demanded falls and…