Explain the difference between a change in quantity demanded and a shift in the demand curve.

Social Studies

1 answer:

Svetllana [295]3 years ago

3 0

Answer:

- Change in quantity demanded: Represent a change of total demands of a product that is caused by the price of the product.

When the price of a product increased, the amount of consumers who can afford to buy that product is decreased, As a result, this cause a decrease in overall demand over that product. (The opposite happened when the price of product is decreased)

- a shift in the demand curve. : Represent a change of total demands of a product that is caused by other factors beside the price of the products.

Price is not the only one that can affect demands. For example, natural disaster could occurred and make a certain type of product become really scarce. This tend to lead to an increase of demand even if the price of that product remain the same.

You might be interested in

NO LINKS!!!!!

mariarad [96]

Answer:

NOSEEEEEE

Explanation:

8 0

2 years ago

Which statement describes the way war bonds raised money?

maks197457 [2]

Answer C The government paid a cash loan to the buyer; the buyer paid back the loan plus interest.

6 0

3 years ago

Read 2 more answers

The CDC uses which measurement in its formula to determine placement in the categories of overweight and at risk for being overw

Mnenie [13.5K]

Answer: The Center for disease control and prevention (CDC) uses the Body Mass Index(BMI) to determine categories of overweight and at risk for being overweight

Explanation: BMI is defined as the body mass of an individual divided by the square of their height.

The BMI is used to categorize a person as underweight, normal weight, overweight, or obese based on the ratio of their body mass to the square of their height.

Underweight are categorised to have a BMI of under 18.5, normal weight has a range of 18.5 to 25, overweight has a range of 25 to 30, and obese over 30. The unit for the BMI is the kg/m²

8 0

3 years ago

A study of the ways that health care is affected by the political party that is in power would be a ______.

Sladkaya [172]

Answer:

b. Macro-level study

Explanation:

This is the macro level of study which is analysis of the society through examining the structures and institutions in the society.
The structures here are; the political party under study and the health care sector in the government.
Healthcare is a government institution that can be affected by political trends in the country including the governing political party.

3 0

4 years ago

Read 2 more answers

Which countries formed a Coalition Against France after the execution of Louis XVI

Marta_Voda [28]

The countries are France, Central Europe,Italy, Belgium, Netherlands,Spain,west Indies

3 0

3 years ago