Question: 2 parts Draw the Graph Part 1 1 . What is the difference between a change in demand and a change in quantity demanded? Graph

2 parts

2 parts Draw the Graph Part 1 1 . What is the

Draw the Graph Part 1 1 . What is the difference between a "change in demand\" and a "change in quantity demanded?" Graph your answer. For each of the following changes, determine whether there will be a change in quantity demanded or a change in demand. a a change in the price of a related good _ a change in the number of buyers What is the di'erenee between a "change in supply" and a "change in quantity supplied?\" Graph your answer. For each of the following changes, determine whether there will be a change in quantity supplied or a change in supply. a change in input costs a change in producer expectations ii. a change in price 2

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