Quantity demanded versus demand change

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Reference no: EM133237089

Problem:

Give a real life example of a change in quantity demanded versus demand change -OR- a change in quantity supplied by supply change.

1. What's changing? (more/less quantity or supply/demand)

2. How does price change?

3. How does quantity change?

4. What's changing? (your second example, quantity following a change in supply/demand or vice versa).

5. How does price change?

6. How does quantity change?

Reference no: EM133237089

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