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Supply and Demand Terminology

Tags: YouTube
Description: What is the difference between a change in demand and a change in the quantity demanded? The terminology can be confusing — but we’ll provide some clarity in this video. In short, a change in demand refers to a shift in the demand curve — caused by a number of factors such as income, population, etc. A change in quantity demanded refers to a movement along a fixed demand curve — caused by a change in price. Microeconomics Course: http://bit.ly/20VablY Ask a question about the video: http://bit.ly/1oHzBYV Next video: http://bit.ly/1WJ80ku
Views: 54
Category: Auto Create - CC_LARCH_ECON101
YouTube URL: https://youtu.be/BwNzl15NOTI
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