The essential difference between a change in the quantity demanded and a change in demand is
A) the first is a shift of the curve,while the second is a movement along the curve.
B) nothing;both are caused by a change in price.
C) the first is a movement along the curve,while the second is a shift of the curve.
D) the first is caused by changes in income,while the second is caused by a change in price.
E) nothing;both are caused by a change in income.

Question

Quizplus · Accepted Answer

A change in quantity demanded is a movement along the demand curve caused by a change in price, while a change in demand is a shift of the entire demand curve caused by factors such as taste preferences, income, and prices of substitute or complementary goods.

The Essential Difference Between a Change in the Quantity Demanded