5.24: Video- Change in Demand vs. Change in Quantity Demanded
- Page ID
- 249266
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A change in price does not move the demand curve. It only shows a difference in the quantity demanded.
The demand curve will move left or right when there is an underlying change in demand at all prices.
CC licensed content, Original
- Summary. Provided by: Lumen Learning. License: CC BY: Attribution
CC licensed content, Shared previously
- Episode 12: Change in Demand vs Change in Quantity Demanded. Authored by: Dr. Mary J. McGlasson. Located at: https://youtu.be/aTSwcXJ700c. License: CC BY-NC-ND: Attribution-NonCommercial-NoDerivatives