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- [Instructor] What were going to do in this video is a deep dive into the difference between demand and quantity demanded. In particular, were gonna focus on change in demand versus change in quantity demanded. And so just as context, I have price versus quantity here for brand X of cars in a certain market and you see the demand curve for brand X of cars and we see the it follows the classic law of demand. At a high price, there is a low quantity demanded, and so this is already trying to draw the distinction. A quantity demanded, so Ill call this qd1, is associated with a particular point on the demand curve, its not the whole curve itself. When people talk about demand, theyre talking about the whole curve. But just following on of what I just said, following the law of demand at a low price, this is associated with, if we go to the demand curve, a high quantity demanded, quantity demanded two. And so to be very particular about this, quantity demanded is associated with a par
