Differentiate between demand and quantity demanded


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.

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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

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Microeconomics: Differentiate between demand and quantity demanded
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