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The difference between demand and quantity demanded is in the definition of them. Demand is the amount of demand at all possible prices; while quantity demanded is the amount â¦ of demand at a particular price. 21 people found this useful. Answered.
In economics, the law of demand states that, all else being equal, as the price of a product increases (â) , quantity demanded falls (â) ; likewise, as the price of a product decreases (â) , quantity demanded increases (â) .n economics, the law of demand states that, all else being equal, as the price of a product increases (â) , quantity demanded falls (â) ; likewise, as the price of a product decreases (â) , quantity demanded increases (â) .