In which statement is the term "demand" used correctly? (1)A decrease in the price of airline tickets led to an increase in quantity demanded for airline tickets.(2)A decrease in the price of airline tickets led to an increase in the demand for airline tickets.

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The term "demand" refers to the overall desire or willingness of consumers to purchase a good or service at various prices, while "quantity demanded" refers to the specific amount of a good or service consumers are willing to buy at a particular price. Statement (1) correctly uses "quantity demanded" to describe the change in the amount purchased as a result of a change in price, which is consistent with the law of demand. Statement (2) incorrectly suggests that the demand curve itself shifts due to a change in the price of the good, which is a misunderstanding. Demand changes in response to factors other than the good's own price, such as income or preferences.

In Which Statement Is the Term "Demand" Used Correctly? (1)A