What is the difference between demand and quantity demanded, and can you provide an example to illustrate this distinction?

Demand refers to the overall desire for a product or service at various price points, while quantity demanded specifically refers to the amount of that product or service that consumers are willing and able to purchase at a specific price.

For example, if the price of a new video game console decreases, the demand for the console may increase as more people become interested in buying it at the lower price. The quantity demanded, however, would refer to the specific number of consoles that consumers are willing to purchase at that lower price point.