What is the difference between a change in demand and a change in the quantity demanded of a good? Illustrate you answer using carefully labeled graphs.
Definitions:
Systolic/Diastolic Measurement
A measurement of blood pressure indicated by two numbers; the systolic (maximum) pressure over the diastolic (minimum) pressure.
<90/60
Indicates blood pressure readings lower than 90 millimeters of mercury systolic and 60 millimeters of mercury diastolic, which is considered hypotension.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price in a specified time period.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a given price in a specified period.
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