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Module 5 Questions Assignment 1.What is the difference between a "change in demand" and a change in "quantity demanded.
Module 5 Questions Assignment
1.What is the difference between a "change in demand" and a change in "quantity demanded."
2.What is the difference between a "change in supply" and a change in "quantity supplied."
3.Holding demand constant, what is the only thing that can cause a change in quantity demanded? What are the things that cause a change in demand?
4.How do changes in income affect the demand for a good?
5.How do substitute and complementary goods affect the demand for a good?
Please help to give me an better explantion for a better understanding.