Module 5 Questions Assignment 1.What is the difference between a “change in demand” and a change in “quantity demanded.

Module 5 Questions Assignment

1.What is the difference between a “change in demand” and a change in “quantity demanded.”

2.What is the difference between a “change in supply” and a change in “quantity supplied.”

3.Holding demand constant, what is the only thing that can cause a change in quantity demanded? What are the things that cause a change in demand?

4.How do changes in income affect the demand for a good?

5.How do substitute and complementary goods affect the demand for a good?

Please help to give me an better explantion for a better understanding.

 
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