1-With reference to the difference between a change in demand and a change in quantity demanded, which of the following is TRUE?
1-With reference to the difference between a change in demand and a change in quantity demanded, which of the following is TRUE?
If a good’s price goes down, then quantity demanded will increase.
If a good’s price goes down, then demand for the good will decrease.
If price rises and quantity demanded decreases, then the demand curve will shift to the left.