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♪ [music] ♪ - [Narrator] Economists use similar terms for two things which are quite different: a change in the quantity demanded versus a change in demand. It can be a little confusing, so let's review. A change in quantity demanded refers to a movement along a fixed demand curve -- that's caused by a change in price. A change in demand refers to a shift in the demand curve -- that's caused by one of the shifters: income, preferences, changes in the price of related goods and so on. Let's illustrate the difference with a refreshing example. We'll use soda. - [Woman 1] Um, don't you mean pop? - [Man] That's a coke, y'all! - [Woman 2] Actually, soft drink is the most accurate term, so... - [Narrator] Fine, we'll just use sugary, fizzy drinks, okay? First, let's recall a change in the quantity demanded. Suppose the price on sugary, fizzy drinks goes from $3 to $4. What happens? Well, the quantity demanded decreases from 200 to 150. There's a decrease in the quantity demanded marked by m...