Differentiate between demand and quantity demanded

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Differentiate between demand and quantity demanded. Differentiate between supply and quantity supplied. Give specific examples to illustrate what you are saying. 100-200 words each.

252_Differentiate between demand and quantity demanded.png

1. Law of Demand

2. Law of Supply

Which of the following graphs best demonstrates the law of demand?

a) I
b) II
c) III
d) IV

Which of the following graphs best demonstrates the law of supply?

a) I
b) II
c) III
d) IV

Reference no: EM13725966

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