When Does "Change in Quantity Demanded" Take Place? - Economics

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When does "change in quantity demanded" take place?

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Solution

Assuming that other things remain constant, the quantity demanded will change with a change in the price of a good. Hence, the change in quantity demanded will have movements along the demand curve. The change in the quantity demanded may be an extension of the demand caused by a decrease in the price of the same good or contraction of demand caused by an increase in the price of the same good.

Concept: Change in Quantity Demand
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2015-2016 (March) All India Set 2
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