What is Demand - vocabulary review
Authored by Elizabeth Bohl
Social Studies
10th - 12th Grade
Used 39+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
VOCABULARY DEFINITION: a table that lists how much of a product consumers will buy at all prices.
demand curve
demand schedule
demand
law of demand
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
VOCABULARY DEFINITION: rule stating that consumers will buy more of a product at lower prices and less at higher prices
demand curve
demand schedule
demand
law of demand
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
VOCABULARY DEFINITION: the desire ability and willingness to buy a product
demand curve
demand schedule
demand
law of demand
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
VOCABULARY DEFINITION: a curve that shows the quantities demanded at all possible prices.
demand curve
demand schedule
demand
law of demand
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
VOCABULARY DEFINITION: total amount of goods or services that are demanded at any given point in time
law of demand
demand schedule
demand
quantity demanded
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
VOCABULARY DEFINITION:a curve that shows how much of a product all consumers will buy at all possible prices
market demand curve
marginal utility
diminishing marginal utility
utility
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
VOCABULARY DEFINITION: the usefulness or satisfaction that someone gets from the use of a product
market demand curve
marginal utility
diminishing marginal utility
utility
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