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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.
BREAKING DOWN 'Demand Elasticity'. Demand elasticity is a measure of how much the quantity demanded will change if another factor changes. One example is the price elasticity of demand; this measures how the quantity demanded changes with price.This is important for setting prices so as to maximize profit.REAKING DOWN 'Demand Elasticity'. Demand elasticity is a measure of how much the quantity demanded will change if another factor changes. One example is the price elasticity of demand; this measures how the quantity demanded changes with price.