Demand

Front

According to the law of demand, as price increases quantity demanded...

Back

Decreases

Front

The graphical representation of quantities demanded at each price by consumers.

Back

Demand Curve

Front

Which of the following are not complementary goods? iPhone and Charger, Snowboard and Boots, Bbq and Charcoal, Beef and Pork

Back

Beef and Pork

Front

Goods that are used in place of one another are referred to as these types of goods...

Back

Substitute

Front

The axis on a demand curve are labeled with the following two terms.

Back

Price and Quantity Demanded

Front

What causes a change in quantity demanded?

Back

Change in Price

Front

When there is an increase of demand, what direction is the new demand curve drawn?

Back

Right

Front

What does this curve represent? Options: supply, equilibrium, demand, surplus

Back

demand