The distinction between a change in demand and a change in quantity demanded is best made by saying that: a change in quantity demanded causes a change in demand. a change in quantity demanded is caused by a change in price and a change in demand is caused by a change in other factors. a change in both quantity demanded and demand is caused by a change in price. a change in demand is caused by a change in price and a change in quantity demanded is caused by a change in other factors.

The distinction between a change in demand and a change in quantity demanded is best made by saying that: a change in quantity demanded causes a change in demand. a change in quantity demanded is caused by a change in price and a change in demand is caused by a change in other factors. a change in both quantity demanded and demand is caused by a change in price. a change in demand is caused by a change in price and a change in quantity demanded is caused by a change in other factors.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The distinction between a change in demand and a change in quantity
demanded is best made by saying that:
a change in quantity demanded causes a change in demand.
a change in quantity demanded is caused by a change in price and a change
in demand is caused by a change in other factors.
a change in both quantity demanded and demand is caused by a change in
price.
a change in demand is caused by a change in price and a change in quantity
demanded is caused by a change in other factors.

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