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I’ve posted a BEC Wiley MCQ below. Can ya’ll tell me what’s the difference between change in demand, and change in quantity demanded?
I chose A – Change in demand.
The solution says – this answer is incorrect. Movement along the curve reflects a change in demand.
That explanation is confusing.
The correct answer is change in quantity demanded.
See question below…..
The movement along the demand curve from one price-quantity combination to another is called a(n)
Change in demand.
Shift in the demand curve.
Change in the quantity demanded.
Increase in demand.
FAR - 86 - 2/27/14
AUD - 75 - 5/29/14
BEC - 80 - 8/31/14
REG - 89 - 2/27/15
Praise Jesus! I'm done!!Study resources:
Becker
Wiley test bank
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