Micro Economics
Change in Demand VS Change in Quantity Demanded | Economics by zea tutor Copyright©zeatutor.blogspot.com all rights reserved |
Change in Demand VS Change in Quantity Demanded
Change in Demand.
Change in demand takes place due to the change in other factors than price
Reasons:
Change in Fashion, Income, Population, Weather etc.
Change in Quantity Demanded.
Change in quantity demanded takes place due to the change price only.
Reasons:
Change in Price only
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