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a change in demand is a movement along the demand curve, and a change in quantity demanded is a shift in the demand curve

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What is difference between primary and secondary distribution of overheads with reciprocity?

Primary is the part that originally has all of the supplies, such as the distributor. The secondary would be the store that is selling the products.


What best explains the purpose of a free demand schedule?

A free demand schedule illustrates the relationship between the price of a good or service and the quantity demanded by consumers at various price points. Its primary purpose is to help businesses and economists understand consumer behavior, enabling them to make informed decisions about pricing, production, and market strategies. By analyzing this schedule, stakeholders can predict how changes in price might affect overall demand in the market.


Difference between securities exchange vs OTC market?

There are two primary differences between securities exchange and OTC. They are that OTC does not have a physical place and they seldom affect stock prices.


What is commodity trading or exchange?

commodity trading is the trading of primary products on exchange. spot trading and future trading of comodities are done to take advantage of difference between current and future prices.


Difference between primary and secondary demand?

Well, hello there, friend! Primary demand is the overall demand for a product or service in the market, while secondary demand refers to the demand for a specific brand or company within that market. It's like the difference between loving all the beautiful trees in the forest (primary demand) and having a special place in your heart for a particular oak tree (secondary demand). Both are important in their own way, just like how every brushstroke adds to the beauty of a painting.

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An example of a primary effect is when an increase in the price of gasoline leads to a decrease in the quantity demanded by consumers.


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The primary difference between momentum and kinetic energy is that momentum is a vector quantity that depends on an object's mass and velocity, while kinetic energy is a scalar quantity that depends only on an object's mass and speed.


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