{"id":5383,"date":"2019-02-14T09:40:07","date_gmt":"2019-02-14T04:10:07","guid":{"rendered":"http:\/\/astan.lk\/al_virtualclassroom\/?p=5383"},"modified":"2019-02-16T10:00:46","modified_gmt":"2019-02-16T04:30:46","slug":"change-in-quantity-demanded-and-demand","status":"publish","type":"post","link":"https:\/\/astan.lk\/al_virtualclassroom\/change-in-quantity-demanded-and-demand\/","title":{"rendered":"Change in quantity demanded and demand"},"content":{"rendered":"

At a certain time, when other factors affected the demand remains constant, that is, quantity demanded decrease when price is increased, and quantity demande \u00a0increased when price decreased.
\n\u2022 Due to this inverse (negative) relationship between the price of the good and the
\nquantity demanded, the point moves along the demand curve.
\n\u2022 When moving upwards along the curve, the demand is contracted and when moving
\ndownwards along the curve, the demand is expanded.
\n\u2022 When the price of the good remains constant, the demand curve is shifted right or
\nleft due to other factors: price of related goods, taste of the consumer and future
\nprice expectations.
\n\u2022 These are known as the decrease in the demand and increase in the demand.
\n\u2022 The change in quantity demanded and the change in demand are two concepts which
\nare different from each other.<\/p>\n","protected":false},"excerpt":{"rendered":"

At a certain time, when other factors affected the demand remains constant, that is, quantity demanded decrease when price is increased, and quantity demande \u00a0increased when price decreased. \u2022 Due to this inverse (negative) relationship between the price of the good and the quantity demanded, the point moves along the demand curve. \u2022 When moving […]<\/p>\n","protected":false},"author":842,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,2681],"tags":[],"class_list":["post-5383","post","type-post","status-publish","format-standard","hentry","category-economics","category-unit-2-en"],"acf":[],"yoast_head":"\nChange in quantity demanded and demand - Learning & Education Portal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/astan.lk\/al_virtualclassroom\/change-in-quantity-demanded-and-demand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Change in quantity demanded and demand - 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