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ANTONII [103]
3 years ago
10

What is the difference between demand and quantity demanded of a product, say milk?

Business
1 answer:
Cerrena [4.2K]3 years ago
4 0
Demand is how much that thing is needed by people and quantity is how much of one thing they have. Hope that makes sense.

Example: The demand of milk has risen, so has the price.
Example: Having five jugs of milk is a large quantity.
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