Economics · Year 2 · Week 4
Change in demand vs. change in quantity demanded
- Strand
- Consumers’ Rational Decision Making
- Sub-strand
- Demand for Goods and Services
- Content standard
- Apply knowledge of the concept of demand to distinguish between change in quantity demanded and change in demand
- Learning outcome
- Use the appropriate factors of demand to explain the differences between change in quantity demanded and change in demand
- Learning indicator
- Differentiate between change in quantity demanded and change in demand
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