The desire to have some good or service and the ability to pay for it
Demand & Law of Demand

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Social Studies
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9th - 12th Grade
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Easy
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1.
FLASHCARD QUESTION
Front
Back
demand
2.
FLASHCARD QUESTION
Front
Which of these best describes the law of demand?
Back
if prices go up, quantity demanded will fall and if prices go down, quantity demanded will go up
3.
FLASHCARD QUESTION
Front
A change in the price of a good causes people to buy more or less of an item. This best describes the concept of
Back
change in quantity demanded
4.
FLASHCARD QUESTION
Front
The quantity demanded of a good or service changes at all price levels best describes the concept of
Back
change in demand
5.
FLASHCARD QUESTION
Front
Which of these shows a decrease in the quantity demanded?
Back
6.
FLASHCARD QUESTION
Front
Which of these shows an increase in the quantity demanded?
Back
7.
FLASHCARD QUESTION
Front
The diagram represents a
Back
increase in demand
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