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slavikrds [6]
1 year ago
8

What is the difference between an "increase in demand" and an "increase in quantity demanded"?

Business
1 answer:
alekssr [168]1 year ago
6 0

A shift to the right of the demand curve signifies a "increase in demand," whereas movement along a particular demand curve signifies a "increase in quantity demanded." The correct response is option (B).

<h3>What is increase in demand?</h3>

A rise in demand will cause a rise in the equilibrium price and an increase in supply, all other things being equal. Reduced demand will result in a decrease in the equilibrium price and an increase in supply.

An rise in the quantity needed results from a decrease in the cost of the good (and vice versa). A demand curve depicts the amount desired and any market price. A change in quantity demanded is represented as a shift along a demand curve.

To know more about increase in demand, visit:

brainly.com/question/13213873

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Answer:

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For determining comparative advantage, countries compare their good's opportunity cost with the other country's goods opportunity cost.

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Answer:

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the amount of accumulated depreciation at December 31, 2022 is $34,200

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3 years ago
TB MC Qu. 1-150 Haack Inc. is a merchandising company ... Haack Inc. is a merchandising company. Last month the company's cost o
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Answer:

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What affects the egg coagulation in custards and creams!
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