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swat32
3 years ago
13

To an economist, an increase in demand means the same thing as an increase in quantity demanded.

Business
1 answer:
Morgarella [4.7K]3 years ago
7 0
<span>This is false. An increase in demand is more major than an increase in quantity demanded. Quantity demand refers to the demand of a product at a particular price and is only a movement on the demand curve. An increase in demand would cause the demand curve to shift which is more major than a movement and it encompasses the entire relationship between price and demand.</span>
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