Question: A change in quantity demanded (or a movement along the demand curve) is caused by a change in its own price while a change in
A change in quantity demanded (or a movement along the demand curve) is caused by a change in its own price while a change in demand (or a shift of the demand curve) is caused by a change in nonprice determinants that include changes in consumers' income, taste or preference, price of other goods, expected future price, etcetera.
Is the demand (curve or schedule) for Coke or Pepsi seasonally different?
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