Question

Describe how factors, other than price, impact on demand and distinguish between changes in the quantity demanded and changes in demand.

Answer 1

When other factors besides price change, it leads to a shift in the demand curve.
For example, if the income rises, it leads to outward shift of the demand curve.
Another example is that the tastes of the consumers change favorably towards the good, it would also lead outward shift of the demand curve.

Changes in quantity demanded means its a movement along the demand curve. Consumers change the quantity demanded due to change in price.

Changes in demand occurs when there is change in other factors besides price. It means that consumers demand more of the good at tte same price if the demand increases and vice-versa.