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Microeconomics

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Moderate

Market Demand: Making a Difference

MICRO-0RCYBD

Which of the following accurately describes the difference between demand and the quantity demanded?

A

They are the same.

B

The quantity demanded is for prices where we know the amount demanded, while demand includes prices we don't know about.

C

Quantity demanded is always the same, while demand can shift.

D

The quantity demanded is the number of units demanded at a given price, while demand describes the how quantity demanded changes with price.