Question: 1. 2. Verbally explain the difference between a change in quantity demanded and a change in demand. Considering the demand side of the market for
1. 2. Verbally explain the difference between a change in quantity demanded and a change in demand. Considering the demand side of the market for lawn-mowing services, what kind of change (increase or decrease in quantity demanded or demand) would each of the following events cause?
a. A new office park is built, surrounded by several acres of lawn
b. There is a recession, putting many people out of work; many homeowners have less money but more time to mow their own lawns
c. The going price for lawn-mowing services rises
d. A more natural, wild yard becomes the “in” thing, as people become concerned about the effects of fertilizers and pesticides on the environment
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