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小 發表於 2016-5-22 08:06 PM (第 2922 天)
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Demand = quantity demanded at every price level
i.e the whole curve
Quantity demanded = the quantity of goods you are willing to buy at a give price
i.e one point on the demand curve
An increase or decrease in the price of the good DOES NOT affect the demand for it,
as it only affects the quantity of goods willing to buy at that price (only ONE point),
e.g at $20, Qd = 10 while at $22, Qd =8
A change in demand have to be caused by other factors,
as it implies a change in quantity demanded at every price level,
but not only ONE.