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Change in Demand VS Change in Quantity Demanded | Economics by zea tutor

                  Micro Economics                  

Change in Demand VS Change in Quantity Demanded | Economics by zea tutor
Change in Demand VS Change in Quantity Demanded | Economics by zea tutor

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Change in Demand VS Change in Quantity Demanded

 What is the difference between change in demand & 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

Change in Demand VS Change in Quantity Demanded | Economics by sir zafar
Change in Demand VS Change in Quantity Demanded | Economics by sir zafar

                                   

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