Explain the difference between the terms demand and quantity demanded

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11-03-2019
Business

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Explain the difference between the terms demand and quantity demanded

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MsTeel MsTeel · Answer 1 · 2019-03-11T19:55:03+01:00

MsTeel MsTeel

11-03-2019

Quantity demanded is the actual amount of something consumers want at a particular price, whereas regular demand is more broad and refers to the general amount all consumers might be willing to purchase.

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