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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.
The Law of Demand. The law of demand states: Other things remaining the same, the higher the price of a. good, the smaller is the quantity demanded; and the lower. the price of a good, the larger is the quantity demanded.