Which of the following best describes a change in quantity demanded and a change in demand?
Choose 1 answer:
AD occurs when the cost of inputs to production increase, AQ occurs when the cost of
inputs to production decrease
The two terms can be used interchangeably.
AQ is a movement along a curve and AD is a movement of the entire curve.
AD and AQd both change in response to income, expectations, preferences, number of
buyers, and prices of other goods.
Both AQ and AD occur when price changes.