Question

Difference demand and quantity demanded

Answer 1

Demand is defined as the willingness of buyer and his affordability to pay the price for the economic good or service whereas Quantity Demanded represents exact quantity (how much) of a good or service is demanded by consumers at a particular price.

Reasons for Demand is Factors other than the price whereas for Quantity demanded it is price itself.

Hope this helps!

Answer 2

A change in quantity demanded represents a movement along the current demandcurve, while a change in demand represents a shift in the entire demand curve. By understanding this difference, a producer can better respond to market changes.