Demand v. Quantity

1.Opportunity Costs

What do economists mean by “opportunity cost?” What are your opportunity costs in taking this course?

2.Demand v. Quantity Demanded

What is the difference between a decline in the quantity demanded and a decline in demand? Give an example of something that you now buy less of. Is it an example of a decline in the quantity you demand or a decline in your demand?

find the cost of your paper