Answer to Question 1
The quantity demanded of a good or service is the amount that consumers plan to buy during a given time period at a particular price.
Answer to Question 2
A change in supply is represented by a shift in a supply curve. It can be caused by changes in non-price determinants of supply such as the cost of producing the product or the prices of related products. A change in the quantity supplied is represented by a movement along a supply curve. It is caused by a change in the price of the good itself.
A good Mnemonic to know Mg K Ca Na
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